In many cases, the items listed in the report are FYI's and nothing more.The two most important jobs a property manager has are finding a good tenant and controlling costs.

Generally speaking, most people prefer gas as it's more efficient and most people prefer to cook with gas for better temp control.

Passive investors do not have control of the asset, but, depending on the deal, they receive cash flow, tax benefits, depreciation benefits, and a more "hands-off" way of investing in multifamily real estate.

Even though it may be out of your control how fast that generator gest fixed, it is your responsibility.

I've also jumped into ventures with people I just met, and it didn't turn out that well (shocking i know :))That being said, some people's personality tends to always lean towards partnerships when one isn't always necessary.

I'd venture into the HM route.

Hi everyone! 
I'm working on closing a deal with a partner and I want to make sure our JV agreement is set up good so we don't have any issues down the road. Does anyone have any tips on how to properly set up a JV a...

That will probably lead to a flurry of listings, which could spiral dangerlously out of control.

It will have verbage covering them due to delays beyond their control , extras , etc . 

They learn to control their spending, show up for work, have an emergency fund and pay rent on time.