We too have savings and 401K to back up any potential mistakes we make but it's all been pretty smooth sailing so far.

Bought a foreclosure just as home prices were starting to climb back up in my area.

If it's a lower end condo, the expectations are probably different, and you may suggest a backup window unit in the future?    

He is just nicely pointing that part out and it would serve BP investors much better if you could back up the claims specifically this time around.

So if somebody came to me with a request for security camera when I'm dealing with the 5th boiler failure, 3rd sewer backup, 2nd building fire (just this year, and yes that's a real number) and complaints about the lawn, the pool and the parking lot, I can promise you that your security system will not get much consideration.But if we're talking about yet another rash of car break-ins, people leaving items in our trash bins that we have to pay extra to dispose of, or the latest domestic violence or disturbing the peace issue going on, I am much more likely to listen.  

Does this person have back up for this 40 k NOI, From a PM standpoint, if I were a PM and you were asking me to manage a property (this property) that was like a war zone, I would be charging you a premium to manage these property's ,if you can find someone at all.    

One is the lesser of the two evils, but there has to be a better way...Cash out refinance and hold onto the cash until a down turn and dollar cost average as the market goes back up?

Hang the curtain with a tension rod- no holes and if they pull it down they can put it back up. 

You should call and make a backup offer just in case.

A pipe in the condo association main drain back up and caused a sewage flood to enter my condo through the shower drain.