I think $625 a year is fine.I use AT ONCE Termite and Pest Control I think they might be little expensive than $625, but I like their service.

I am doing IO for first 5 years...so our cash flow is not reduced substantially and allow me some time to acquire(the purpose of the refi is to diversify our RE equity) an underperforming multi in CA, and despite rent control, be able to increase rents(via organic turnover and annual increases) without being super aggressive, and between the primary asset and the newly acquired asset, have the five years to increase the cash flows on both assets, so that when the loans(will leverage the secondary asset, too) goes to P&I we are not missing any cash flow and probably doing a bit better, despite the increased debt service.As for the lower LTV, I am being conservative and trying not to overextend our leverage.

One thing I gain from your breakdown is cash on cash , over years can significantly be reduced, if the ratio of rising rents versus expenses and capital improvements are out of control!!

They have an "Alternative RE Investing Strategies" meetup that would be worth attending after Covid-19 is under control.

Because you cant control how people live, and it will make you crazy to try.  

As for getting traffic for you, I've had dozens of people reach out to me over the years just by sharing some of my experiences here on BP, so here is a good place to start as well as your local RE meetups. 

A single family property probably will have the least headache, and you have a better control than condos.

Summation:  There is no protection for property owners from the appraisal industry where there are clearly people who want to control the price of properties and hold the keys when people are trying to buy or refi properties. 

I’m not big on sharing, so I’d eventually buy them all out and take full control of the property.

Many will cover water, pest control, repairs to the roof and exterior walls, fences, landscaping, maintenance, security, insurance, some cover cable and internet.