I’m only buying in indy since I manage and maintain my properties. 

If I were to sell a property on land contract, how do I ensure that that the buyer maintains homeowner's insurance and stays current with property taxes?

More to keep up with and it increases the chance of the corporate viel being trashed, you're not just maintaining one or two companies but maybe a dozen...it's a myth to think you are safer.

I think 30k would be a tight profit margin unless you don't mind managing, repairing, maintaining and cleaning the property yourself.  

To maintain our standard of living and travel the world like we want, we will need to supplement our income however.  

Which is an important part in maintaining great property management.

Sure, adding value and increasing NOI would be nice, but as long as I could maintain the current NOI, id be happy, for now....w

Fortunately, there is an accountant here in Houston that will put it together and handle all the maintainence for you.Google "BORSA" and you should get what you are looking for.....

, the tenants were quite fine, and actually pretty excited about the idea of the repairs :)We just strived to maintain open communication with them throughout the process, and showed that we respected the property itself, as well as respected the tenant's time and how they have made it their home as well (by showing that we want to fix it up for them to provide a better place for them to live).Granted, we could have just lucked out an have easy-going (and logical) tenants, but in sum, I think being respectful of the tenant's time and space, and showing objective reasons why the repairs will benefit them goes a long way in rapport building and getting the job accomplished.

Items that you will have to replace eventually no matter how well you maintain them.