We had to feed the property, but always maintained it and kept it rented.

Yes indeed.Bruce Norris put out an interview with Harry Dent (with controversial history of predictions), but does bring up the point about China's bubble that should be popping anytime soon.http://www.thenorrisgroup.com/blog/news/harry-dent...I don't think the Chinese are generally over leveraging in the States (mainly paying in cash since banks are still pretty stringent on their underwriting standards), so I think the ones left out will be heavily leveraged investors flipping a home that can't maintain cash flow.Maybe not government intervention, but maybe the Chinese mainland will just have a huge economic slowdown resulting in no more cash flowing in from China. 

Hello,Our property located in Fort Worth,TX had a foundation repair after which it was recommended maintaining a constant level of moisture in the soil near and under the house (by placing a soaker hose on each side of the foundation no farther than 12'' from the edge of foundation to water DAILY during hot and dry months).Our property management company wrote a letter to our tenant explaining this, however I can not guarantee tenant complies. 

There's only one roof, one property tax, one insurance bill, and one sewer system to maintain.

Are you responsible for maintaining 12 homes or it's tenants responsibility?

Landlords usually need to make repairs in a reasonable amount of time so long as the property maintains habitability. 

He tells me the essence is that they have to maintain majority control, the benefit to me that I'd be getting the money back in addition to the equity with quarterly payments. 50k buys inventory and 30k is escrowed with interest by Mobil which supposedly comes back.I attached the documents he sent me.

Maintain adequate insurance to cover claims resulting from damages or injury caused by pet.Tenant agrees to indemnify, hold harmless and defend Landlord against all liability, judgments, expenses (including attorney fees), or claims by third parties for any injury to any person or damage to property caused by Tenant’s pet.Landlord reserves the right to revoke permission to keep the pet should Tenant break this agreement or provide false or misleading information.Landlord ___________________________________________________ Date __________Tenant______________________________________________________ Date __________ Tenant______________________________________________________ Date __________

Can anyone help me understand the costs to getting and maintaining a license? 

I saw 4 properties that didn't look really well maintained and rehabbed in about 2 hours of driving.