Low priced houses, low quality tenants, low quality property managers, low quality contractors. 

I’ve established back-up to my systems and standards through a contractor who also manages several properties.

 Hello, I'm looking to diversify and hopefully build a portfolio of rental investment properties.

The biggest is going to be whether the HVAC is properly sized for the building.

I'd strongly recommend seeking out other purely passive accredited investors and focus on building real relationships.

Include your logo or a professional image to build credibility, and make sure your contact info is easy to find.

I know the rules for Owner move in state that: "The existence of a vacant comparable unit in the building which is also suitable for owner-occupancy is a factor demonstrating possible intent tocircumvent the Rent Stabilization Ordinance [RAC Regulation 613.04] ".

In many cases they can recommend a good local property management company and contractors.

From aligning contractors to ordering materials to handling issues that have arisen, I am incredibly involved in this STR-- it has not been passive for us whatsoever. 

I’m in the process of switching several of my buildings over to individually metered propane heaters so the tenants will become responsible for their own heat costs and more accountable in their waste of resources.