Oh, and it wasn't clear in your post whether the area of the property you're looking at is LADWP or Edison, though to be honest it doesn't make too much of a difference. 

THEN, you are looking for a new cleaner. 2) Do not hire a company that has a high turnover rate.

I'm a Landlord of several properties under different LLC's.

In regards to starting a property management company, I think it's a great idea if you enjoy it--- but first, I would make sure all of your systems are on point and you learn everything you can about this avenue.

However, since some markets do differ, the equivalent number in some markets might be 0.8% or 1.2%.

I'm reaching out to see what best practices, behaviors, tools, etc. will help me find the right markets across the country for different investment strategies? 

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

prior to purchasing the carwash I was part owner of a mobile auto detailing company that we operated out of a 2800sqft warehouse.

Picture the look  on your face when your Insurance Company denies the claim.

Little things can make the difference like a bottle of wine.