If the housing office is on top of things, your property is being inspected by their staff at least yearly, to ensure the tenant is not abusing it and to ensure that you are also holding up your end of the deal.  

I myself am a resident of Naperville my team and I are full time Real Estate Agents with an extended staff which I use for real estate investing.

If you - or rather your property management company - is managing the property, then that business will be able to collect management fees to pay staff, etc., but as the sponsor, you get paid after the investors.Now, once you have a track record, that may shift a little.

I know a hotel could have higher revenue but also comes with more expenses for staff, maid service ect

They should be required by law to say "Im just here to stock the shelves"I have found more experienced staff at Menards, Ace and Do it Best...  

You could of course create your own team/staff to manage the property for you if you want to reduce the expense, but in my opinion this creates more effort for one or a couple properties.

If it's a larger organization, feel free to inquire about their staff qualifications.2.

Poor brokers and sales staff's it looks like lean times might be coming, better stock up on canned tuna, rice, ramen and PB and have some fallback living arraignments.That's hardly any volume, and mainly condos...Good Luck!           

@Bryan TasumiIn the ideal world for tax purposes - you want to live in a no income state and invest in a state with no income tax and low property taxes.As a resident of California - You are required to report worldwide income on your California state tax return.Investing in a state should go beyond just factoring in taxes(however taxes are important).

or are a person's worldwide assets subject to collection if they have a judgment against them individually?)