I have read dozens of investing and real estate books over the years and even focused my electives in undergrad and my recently completed MBA to learn more about REI.A bit about my REI plan(s)/goals:  I have 1 rental property that I purchased 2 years ago; its located about an hour away that is manged by a PM.

I believe with further research you will find that is in regard for advertisements which offer brokerage services (agency).I'm just telling you, IN TEXAS, where I also live and work with DOZENS of professional investors who are licensed - they do NOT list their broker on ads for buying houses. or for free kittens, or for lemonade, or anything else that is NOT brokerage services.  

@Daniel Sisto  that is my assessment and also the foreign buyer has gotten a very very expensive education at the hands of some pretty tough  marketing companies and not so ethical resellers.

Do you wait until the end of the lease and assess all damage and repair and charge accordingly?

Hi @Leigh Ann Smith - In short, I agree with your assessment.

I am funding one this week in Houston that is requiring one day of separation; and have spoke to or worked with maybe a half dozen over time that all wanted 1-5 days separation, most all citing Department of Insurance oversight. 

You should start devouring it with both hands until you get the gist and learn to quickly assess a property, its repair costs and After Repair Value (AVR) in the market that you work. 

I have seen subdivisions rack up millions of dollars in liens from not having a good phase plan to avoid increased assessments and other local fees.  

I feel like if I know some of this info I may assess deals differently.

Essentially it stipulates that they will assess the risks of back flow at my property and determine whether or not a back flow prevention device is required.