Interview a couple of management companies and get their income projections, but definitely be conservative. 

We have a small management company and our common practice is to inspect the units every three months or so.

I agree buying based on tax situation is not a great idea however I did receive a buyout from my previous company so my income is this year will be over 5x what it will be in the near future and just trying to figure out the best way(s) to try and offset that tax burden.Appreciate the insight, thanks agian 

But many of those companies (Corelogic, Black Knight) get their data from error-prone sources as well.Data in the real estate world is poorly digitalized and structured, despite the best efforts of programs like RESO. 

However the Mortgage company told me that they will not proceed because the balance of the loan is 38k and since they cannot charge more than .05 percent, they wont do.

Clearly communicate these penalties to the tenant.Consider a Cure or Quit Notice:If the tenant continues to smoke despite warnings and penalties, you may need to escalate the situation.

I'm a real estate agent myself and I have found, and continue to find, some GREAT deals for myself and my clients on the MLS.I constantly find deals where the property information is are entered incorrectly, the pictures are horrible and the descriptions are worse. 

I briefly heard about this company from an investor friend few months ago, I tried to google but not finding much online information about them either.

Hello, I am Duane and I run EP & AS Property Management. I am looking to expand my business and wondering what marketing tools others have used to grow there portfolios? Any help would be greatly appreciated. Than...

Your insurance company will work the other units insurance and the condo master policy to determine who should pay what, then they'll get it fixed.