If it is in Portland, you'll also save about 40Kish in SDC fees with a remodel versus a new build.....so if you can get an income stream it may just be a wash in the end.

The most common expensive things are water damage from washing machine hose breaks and leaks, facets that fail, clogged toilets flooding, sinks backing up and things like that.

It was really great because not only was he an agent/broker, but he's also an investor. 

They wash the costs out better (such as cleaning) for higher overall gross rent To answer your actual questions: I live in the northeast, property is in the Midwest, so I use a manager who focuses on this specific area I am in.

One shower, a washing machine, no dishwasher. 

You had the vents "cleaned" but does that mean someone vacuumed them out or someone washed them?

Yanking that slide out made a lot of noise, but it was free washing.

Was he renting out the place? 

Later, she also said that she heard a loud boom a few weeks ago (after my whole party had visited the space) and when she called the LL to find out what it was, he said "oh the ceiling just collapsed downstairs"!!!!????

As of last year i was up to 7 rentals, but after some advice from others i sold off the 2 that were still negative cash flow purchased prior to the last housing crash when they finally broke even in value to wash my hands of them.