I typically pay him $20 an hour.

Quote from @Madhul Shah: If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on the individual's taxable income from the rental property? 

With a typical investment of $50,000 to get into one deal, I decided that $4,000 was like an insurance policy, since I would surely lose more than that on one bad deal.

Unverifiable income will not be considered.Applicants must receive positive references from all previous landlords for the previous 5 years.Applicant may not have any evictions or unpaid judgments from previous landlords.Applicant must have credit score must be a minimum of 600.A background check will be conducted on all applicants over 18 that will reside at the rental property.

Trying again, I went to the City Hall, they took a copy of the check and I received a call from a City representative and I believe the same person and again, she said the same thing.

I think my first step needs to be to call the PM company and find out what they are charging and get a feeling for how they typically handle these situations.

Quote from @John R Olson: Yes, everything I am looking at is secured by CRE and not unsecured peer to peer.I would read that again and have an attorney explain what something that is secured by a pledge of distributions from affiliated ventures means.As typically that means you are not investing in the entity that owns the assets.

As a good rule of thumb, figure on $275-325/sqft for all-in ADU project costs…so an 500 sqft 1BR standalone ADU would typically cost around $160K.

In my area, copper theft is typically seen in vacant houses where drug addicts break in to steal mostly the copper pipes but sometimes some wire as well. 

This morning I finally received the report run on the tenant prior signing the lease.