I want the info to come to me every morning like it does its my routine..

I routinely see homes in the Extended phase going for upward of 90% ARV, not including any repairs.  

I routinely see retail centers in the 8+% cap rate.  

It's just like any other part of the property - if tenants don't actually break it, it goes under "routine upkeep."2.

After spending money fixing up a property, I obviously want to make sure the tenants occupying it are not damaging or tearing anything up....whether accidentally or deliberately......or worse still, using my property as a front for some shady illegal activity    (take your pick on that one....the illegal activity that is).I also want to make sure I am on top of the stuff that will break down due to normal wear and tear and stuff that needs regular maintenance.I also want to make sure the tenants are doing their part in up keeping the property as necessary....mowing lawns, shoveling snow from sidewalks and generally maintaining a reasonably clean interior and exterior for their own good and mine.If and when the tenants do tear something up, or something breaks down due to no fault of their own, unless it adversely affects their daily routine, I would think that they most likely would not report it.

To be honest, it never occured to me to check on utilities when a tenant moves out.Check that your locality is allowed to add liens to your property, if you had not been in possession of it when those charges occured.In Georgia utilities are not allowed to do it, but yhe water company does it routinely and will lie straight into your face until you produce the law.

I truly understand how difficult finding the time can be, but beyond developing systems, creating a routine has been the most helpful thing I have done.

I routinely pick up certain RT flights for 9K points, and those points can sometimes be earned with less than $2K in total spend.Play it right and the banks pay you to use their cards - I've done it for years.Slip up though an it'll cost you dearly.

However, we are not sure what they are actually doing given the lack of routine maintenance.

So the "set out signs on Friday/remove signs on Sunday" routine isn't fool proof.Does anybody know how to get around this?