Current market rate is about 5% and even lower than that for the cheaper segment of market.2) PM - lots of people are self managing until rent grows to cover these costs.3) You should carefully screen the HOA and evaluate the management just like you would a PM.

So, if you are starting, i recommend you to do a drive by the properties, if its in a community ask about HOAs, research the records for county/city/state/federal liens, and of course the financial evaluation.

She could take part in that evaluation. 

hey BP What's your best way or program to screen and evaluate appilcants?

With this info you may be in a better position to evaluate whether it's worth replacing the water heaters. 

You can look for and interview these when you visit to evaluate the area.

They had removed the big old grate to allow them to burn larger logs on the hearth.???

Next door was a ranch home log cabin and on the other side of the property sits a three level mountain home.

I am also evaluating a property that I've confirmed is on the national historic registry and might qualify for the credit.Can anyone give me an example of how this tax credit is applied?

I have been working all day on getting Tweetdeck situated so I don't have to log into every site to update, etc.