I also recommend posting a notice somewhere in each unit or in a common area that explains some rules like quiet hours, parking, use of laundry, not storing personal items in the common areas (laundry, hallways, etc.).Once the tenants are in, it's time to enforce.

This is common as mentioned.

Ongoing litigation is the most common reason a condo is non-warrantable, the folks that are good at one are typically good at them both.

Maybe it’s bad form or a bit of a dick move among owner occupant but it’s done commonly among investors?

This would be my first deal and I want to make sure this is common?

In my area is very common SFR tenants pay for utilities, therefore utilities are not included in my property leases (electrical, gas,  water, sewer, garbage, salt for water softener, etc). 

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Originally posted by @Curtis Mears: Ltr are fairly easy as you can rent for a year and only really need to stay up on general maintanence.This is a common belief....but the overlooked factor is that with a LTR, your tenants (even the good ones) will not pay attention to the routine maintenance.

My goal is to better understand the role of a property manager, understand common tools/technology in the industry, and the work it takes to execute some of these requests so I can make reasonable requests and do a better job managing the relationship. 

Call around and see what a basic service call costs for a variety of common issues: clogged toilet or sewer line, furnace or water heater pilot won't stay lit, garbage disposal is leaking, refrigerator isn't staying cold, etc.