Overall inspections were pretty fair and we never got hit for anything unexpected.I think they will also make you go to a landlord class to be involved in the program which is no big deal - was just a Sat morning I think.Overall it worked OK for us in Cleveland, we got out because we wanted to be more in control of rents. 

Rental Income                   97,308.33              99.5%Total Income                     97,813.33            100.0%Expenses1155 Crawford Supplies            1,395.85               1.4%Carpet Cleanings                          145.00               0.1%Dumpster Rental                             59.78               0.1%HVAC                                        10,188.30            10.4%Insurance                                    6,099.35              6.2%Interest Expense                       19,672.53            20.1%Labor                                           9,644.56              9.9%Legal and Professional Fees          500.00              0.5%Licenses and Permits                       25.00              0.0%Mgt Fee                                        1,600.00             1.6% (although it says he managed it                                                                                                              personally)Office Supplies                                  50.00              0.1%Pest Control                                     800.00             0.8%Property Tax Expense                  4,369.76              4.5%Rent                                                 155.00              0.2% (not sure what this is for)Rental Equipment                             222.92              0.2%Repairs and Maintenance              5,929.69              6.1%Supplies and Materials                  8,867.40              9.1%Utilities                                           6,270.92               6.4%Total Expense                              75,996.06             77.7%Net Ordinary Income                    21,817.27             22.3%Cap Rate at asking price of           $899,900             2.42%I did some PVA searching and found the assessed value to be at $543,171 which would put taxes at $6092.75 for the year.

Stay in control of everything because that will help you.  

Rent control, taking out no-cause eviction and now paying for moving fees?

I always get a roof inspection and a pest control.  

This is similar to Rent Control regs, but the subject is ownership, not rents.

(Recommend 5%)  (Lawn care/snow removal, legal, accounting, marketing, pest control, etc)You still did not provide the current owners NOI.  

You have no control over this.  

The landlord need not repair damage caused by the willful or irresponsible conduct of Tenant, Tenant’s guests, or a person under Tenant’s direction or control. 

I have moved around quite a bit since being a civilian but thanks to my wife putting her foot down I have finally found a home in central Wisconsin.I used to own and operate a pest control/wildlife removal business that I sold in 2014.