I plan on doing the property management activities, with the rationale that it's a small condo where my responsibilities are limited.   

@Becca Summers @Blair Poelman Thanks for your responses.

On average, if you have pretty responsible tenants, you may not even have to do plumbing works for months.

We have a responsibility and obligation to create he world that we want to live in.

I’ve spent the last half a year reading the books, scanning through all of your posts and thoughtful responses, and listening to way too many podcasts.

These days, state laws hold landlord responsible for renting to sex offenders and criminals, and I'm not sure how my insurance company would handle it if one of your subtenants, a known child molester, molested a neighbor's kid.

Hi Jeff,This is my first post on biggerpockets.com, and you are the first one to response.

Just add preventative measures and insurance responsibilities to the tenant wanting this freedom/addiction.

Bottom line, who is responsible for the overages?

In case you don't know what these are and just want to read along to the responses, I will define each term.Demographics: This information gives you age, gender, and income level of a group of people.