All bills paid except electric; water and gas is master metered and financially no gain to individually meter but full intention to bill back through RUBS.One expense is cable is provided, would be cancelled in month 2 allowing for an additional $1,20090% occupancy (current not avg)Heres all the numbers:Asking- 1,200,000 CAP- 11% per sellerGross rents @ 100%= $17,375/ moCurrent avg rents- 14,707/moCurrent expense- Utilities=3,500/ moRepairs/Maintenance= 1,500/moPM= $0 (self managed) Would be same for me initiallyTaxes= 13,000/yrInsurance= he pays 14k/yr, my quotes have came back at only 6k/yrHeres what I know I can change within the next 3 years:Eliminate cable- $14,400/year savingsInsurance rate- $8000/yr savingsR/M- increase expense by $18,000/yr for first 3 years while I rehab units during turnoverGross rents- Bring to market over 3 years for total gross rents of $294,000/yr at 100%gradual bill back of utilities over 3 years or unit turnover- would be included in the market rent because all apartments in this area pay for utilities but have higher rents.

And the rest cash out and go into stocks (gradually, dollar cost average to minimize risk), safe savings/treasuries, and some maybe in private RE syndications.

Sometimes it can be a gradual increase and other times it can be very sudden.

I suspect that the IRS, being the IRS, would likely not give any weight to your county's tax assessor records.

I never put much weight on those courses and spent much of my time concentrating on actually effective information (at least I think) that I hope to successfully utilize in the market when I begin making transactions. 

For the most part, we've had to deal with dogs and so we tied the deposit amount to the weight of the dog.

I don't give school ratings much weight. 

What are some other areas that make good Property Management worth its weight in gold?

The traveling got cut short due to family reasons, but I never went back to a W2, I cut living expenses to next to nothing, the house hack helped that, and then I took it one property at a time to gradually expand my income and have kept my expenses about the same.

The more general rounding in all 4 areas can give us a bit of an advantage over an EA.However, a good EA, like @Steven Hamilton II is worth his weight in gold.Both designations have training in state taxation and both can represent you in front of the IRS/Tax Court in the event you are required to do so.