Naturally the cost for the cleaning trip was deductible off my 2018 income taxes as a business expense.I had already decided I was moving to Indianapolis, so I didn't hire a Property Manager - choosing instead to DIY the property management work. 

In your case you are comparing a townhouse to a duplex which will just naturally have different cash flow numbers even in the same area.

So if he screws you (something I am assuming is likely as I'm picking up he's probably a drug addict or something of that nature) you'll need to evict them through the courts just like any other tenant. 

You’re not going to mitigate all the same risks as with a fully licensed, and insured contractor and that’s ok, it’s the nature of the class you’re flipping or rehabbing and their associated margins

They have more skin in the game then you do.Make sure you get clear title.

I like to think owning in the same markets I manage is a plus for my outside clients as I have “skin in the game,” to do everything I can to force appreciation and increase market values.I can see where I’d be concerned investing with someone without that proven track record of performance as it’d be a difficult situation to ask a partner that owns the management side to be open to working with someone else.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

All hard money is commercial in nature.

well nowhere I could find. this home is older than most around so it sits lower than most creating a natural funnel towards my property, which has turned my yard into a swimming pool.

They have more skin in the game then you do.Make sure you get clear title.