There is almost always a cost, sometimes quite significant, to getting water to a property. 

One area is depreciation where I had my CPA gives me advice as it's been changed quite a bit over the years.

@Rod Hanks, I've lightened up my calculations and have been seeing quite a few more deals (Funny how that works!).

It doesn’t quite look like you have an exit plan mapped out for these.

Most of the PM's around here are quite reputable.

Most of the PM's around here are quite reputable.

Guess I don't quite understand what it is you're bringing to the table? 

I have been curious about this as well,  especially since I am a woman....wondered if it would make a difference...I have a friend who has had a few rentals in the past and he felt that his big and tall frame and his look made a intimidating factor...he also was quite handy on beign able to fix things...where as I am everything the opposite...so I have also exercised the idea of pretending to be some sort of manager....I like this question.

Didn’t realize the list was so long and would eat up 50 percent.

I would assume they've been hit with low balls quite a bit over the 4 years.