Here's my primary reasons:Expenses disproportionately impact lower rent collecting properties For illustration purposes compare two identically designed 1+1 duplexes in the same market.  

They actually tell criminals the property is vacant.Alarms only work if the police show up quickly, otherwise the thieves are already gone.Appears you have properties in Class C/D areas, there are several other options that we use to minimize breakins & squatters.

Now, don't get me wrong - CA definitely has its issues, but it's not like every block in CA is full of drug addicted sidewalk pooping landlord scamming thieves.

I have almost an identical property and this was my first BRRRR so happy to share the results.

Many management companies archive or destroy old applications because they do not want to be responsible for SSNs getting out to identity thieves. 

Unfortunately, Facebook is not a trustworthy source for verifying someone's identity.

Higher Fraud Risk: More susceptible to fraud or scams; verify seller's identity and property ownership.

@Val BerechetAs much as I think it’s disingenuous for the international media to focus on any incident in Mexico they can get their hands on while conveniently ignoring to report identical if not worse crime in their own backyard, I don’t really mind after all.Indeed, it makes people aware of the problem (in case they’re not) and, most importantly, It forces the Mexican authorities to act promptly and preventatively (which they normally always end up to do) and everybody is better off because of that.

I had an AC unit stolen - thieves climbed a 7 foot fence on my Class C house (I didn't have security cameras on this house). 

They do not actually have any money coming in that's why they charge so high and keep changing names so that no one can recognize them and they take a new identity every few years, do not sign anything with them!!!