A wave of new people getting into real estate, maybe fueled by low interest rates.

Setting aside reserves is an expense, so long as they are not excessive.

If that does not work, you may need to get coverage through the Excess/Surplus markets (ie.

The people who do it make their money in other aspects & Property Management is kept around to help fuel those activities, provide economies of scale & additional presence in the marketplace.

Comparatively, trailing 12-month sales volume peaked in the second quarter of 2022 at $140 billion, but has since fallen close to 60% from the recent highs.This slowdown highlights the lingering impacts of rising interest rates and the commensurate uncertainty around asset pricing as rent growth has begun to decelerate.However, private capital remains at the forefront of buying activity, fueled by a steady tide of fresh entrants to the sector and existing operators' efforts to beef up their portfolios.

Same with cleaning - they’ll itemize excessive charges for grease/dirt beyond normal and I charge only that amount to tenants deposit.

But of course, if all our real estate goes down, so does everyone else's because the California economy is the coal that fuels this entire country.

Have you been to Fuel and Iron Food Hall?

Given I am claiming losses in excess of $25,000, it's important I have detailed logs of daily activity. 

I need a 24 hour contact within 30 minutes of one property now so the town is essentially forcing a PM for a room rental which seems a little excessive.