Knob and tube wiring, plaster walls, cast iron main stack.Do a typical inspection, but just like buying your own house, you are taking risk.  

See screenshot below from https://bouldercolorado.gov/services/accessory-dwelling-units. 

I, too, am at a crossroads, deciding whether to self-manage my first property or enlist the services of a property management firm.

Have you run all your numbers, with gross rents for 8 months a year, minus all expenses, minus a big property management fee of 30% (and they should never charge for owner blocked time unless you are asking for cleaning, services,etc.)

Also, not a fan of having an agent or PM be your main boots on the ground for a random market that you are not fully immersed in unless you are a very savvy and highly experienced investor.I used to invest out of state as well and its certainly a lot more to it than many may think and your numbers on paper will usually look much better than reality.Cheers

Given we are accountants, we cannot promote our services on BP as its against the rules.

Leslie provided more personalized service and set up regular conference calls so that one can hear about the details of various offerings directly from the sponsors.)The details of the offerings are rather extensive and filled with a lot of legal jargon, disclaimers, and risk analysis.

If your area has public services that traditionally are in a position to put a lien on a property, then it seems to me that this due diligence should have been performed.On the other hand, if it's some private water company with no real public ties whatsoever and nobody ever searched their records for bits and pieces, then I could be dead off here.I'm also not saying you should spend you all your capital on litigation.

However, signs suggest that sales activity may be nearing its lowest point in the current cycle, as the first two months of the year were only 13% below the levels from the same period in 2023.The capital markets environment today revolves around two main strategies.

Some just make perpetual threatening phone calls.Some start court actions, so they get a money judgment which they can use to at least garnish state income taxes (you can't garnish federal returns).Property owners need to start asking PMCs HOW they will execute their services, so owner expectations can be better met:)