- What’s a safe contingency budget percentage to include for unexpected expenses?

. - What driving factors should I take into account when l'm looking for an up n' coming hot markets?

It's unreasonable to expect the PM to drive 90 minutes to look at every job before sending a contractor.

In a dream world - the comprehensive solution does all this: *task management and sequencing where you can drop a property into a sequence ie day 1 call, day 2 mailer (have it automatically mail out something like a postcard) day 3 etc etc etc*project management outside of the outreach sequences for what's next in the process ie schedule inspection, send the contract, etc etc*ability to have multiple users drive around and if you see a property you can tag an address and add it into a marketing sequence, and also track the streets you've hit so you're not wasting time driving by the same houses more than once *dialer (ability to parallel dial numerous numbers simultaneously to make cold calling more efficient - Ive used tools like orum and kixie in other industries, and when you receive a pickup, the other calls are dropped) *skip tracing/data provider *website landing page for converting online visitors to leads*electronic signature/docusign*secondary branded landing site on different URL for blasts for deal disposition to your buyer listWhat am I missing? 

I'm in a safe community where crime is low, so we don't have to worry about squatters, missing appliances, etc.

Will you be able to spot an issue by doing a drive by every couple of weeks.I'm challenging you Brian to get of the fear of "out of state".

They may even pay for the tenant to stay in a hotel until the home is safe again.As for the tenants, I think you've gotten yourself into a pickle by letting this go long enough that they can claim health issues.

If you have an Iphone, you can create a separate folder for your photos which you can save your business receipts.An alternative option is using an online storage platform such as google drive, dropbox, etcBest of luck

I don't know your market at all, but it's common for neighborhoods next to the hospital to not always feel safe to out of town nurses--- so just know proximity isn't always the main point.

Also, it seems fairly safe for someone like myself- looking for a first investment and of course building wealth, but perhaps even more, trying to "get my feet wet" and learn the processes while getting a feel for real estate.