(Mine aren’t) If your market is one of these you don’t worry about collecting (still need to file per city, county state fed requirements)2.

For apartments, you will have expenses not found with SFH's, such as snow plowing, grass mowing, possibly master meter utilities, cable TV, internet, common area lighting, trash dumpster, etc.You might also be expected to provide security cameras, mitigate parking disputes and enforce quiet hours.I would want copies of all leases, not just a "sample" copy. 

All of the Fed's interest rate actions are meant to lower prices, and increase supply.  

If CPI dropped, both Fed Fund rate and 10 year note will stabilizing or even be reduced.

March, the same month that the FED announced their first of what would become a series of rate hikes, real estate pricing in Santa Cruz County hit an all-time high.

 You think once market is at the top, and fed reduces rate, it goes down?

New grass and electricity in the garage.

I don't know if the grass just needs to be mowed or if those are weeds.

It was like 8% on avg on the lowest fed funds rate period ever.

So figure you could end up  paying around 30% of your profit to the fed and state of CA.