The two compliment each other because the brokerage side brings in much of the profit while the PM side levels out some of the volatility of operating a brokerage and also generates leads by providing access to a client base of investors using the PM service who are likely to buy and sell through the brokerage.

When you say not contact regarding payoff, I think that means that I can't contact asking THEM to payoff but are you saying can't contact them saying I'll pay off (absorb the delinquent taxes I've paid plus any outstanding from current year) plus offer  to purchase for $300. which around here most would take because they are just letting these remote lands go anyway with access problems, instead of using the $300. to file and foreclose and they get nothing? 

I constantly have to train agent how to present properties to me and what I have to see.  

.• Tenants constantly pay rent only when there is a strong incentive to do so.

Put in bath fans that run constantly on a low setting but when activated run on a high setting.

However, in my opinion, and experience you need to learn and gain a great understanding, of the various municipalities, with respect to demographics, pocket market appreciation/ depreciation, pocket market economic factors, demand for the need to rent, the needs of tenants such as close access to transportation and shopping, vacancy rates, etc.

@Chris ReevesOne of the great advantages of syndication is that it usually exposes an investor to a class of real estate they had no access to prior.

I'm wondering if this could present problems if say the owner of the "front house" is not friendly towards the new owner (potentially myself) or if the front house is sold at some point and again the new owners want to cut off access.I wonder if they can legally cut off access or would they be required by law to provide access?

I had my handyman install a removable ceiling in the event we need to access those pipes again. 

@Kenneth Garrett My understanding is you'd have to subject yourself to the laws as a reseller of energy like the companies that constantly call and knock on our doors claiming to be sent by ComEd to lower our bills.