Buying rentals is dangerous because of market crashes that can happen ,they think you will receive a phone call each night at 2 am due to a clogged poopy toilet .

She called me at work to complain that her toilet seat was not warm enough.

When my friend asked his PM he said he went into each unit to inspect the conditions which includes turning on faucets and flushing the toilets so yes some times he would use the facilities.Is this unusual? 

They wouldn't care if you wrote it on toilet paper as long as all the names were spelled correctly.

You will replace chairs with broken legs, towels that are stained/missing, dishes that break or wind up in the rental car, ping pong tables that get jumped on..but you get paid every time they check-in, not like a LTR where the tenant can withhold payment if they feel you should come fix the toilet they clogged up.Hope this helps.

We keep a detailed list of what is done on what day and how long it takes.I'll paste in a portion of a move out accounting, you can see that we don't indicate who did the work, us or a third party:Itemized Repairs and Related Losses to get unit back to move in condition:$622.00 Replace carpet and pad (see comments) $24.00 Kilz primer to paint flooring to block pet odor from new carpet $10.00 Purchase and install missing end cap in fridge$300.00 Repaint unit: walls heavily stained $20.00 Replace door jamb in bedroom (materials) $6.00 Replace toilet seat (materials) $80.00 Labor to complete listed repairs and remove carpet Total Repair Cost: $1,062.00Necessary Cleaning to get unit back to move in condition, all at a rate of $18.00/hour: 3 hours to clean kitchen: empty fridge, clean fridge and stove, remove canned goods left, scrub counters and flooring2 hours to clean windows: remove dirt from sills, wash blinds1.2 hours to clean bathroom: scrub floor, remove hair from shower walls, clean sink and toilet4 hours to scrub living room and bedrooms: mop floor, clean walls, deodorize bedrooms, clean baseboards (very grimy)-4 hours for normal wear & tear/acceptable landlord cleaning for one year occupancyTotal Cleaning Cost: $117.00

However, a slow trickle of water (leaky faucet, leaky toilet) can cause a buildup of ice, until the pipe is frozen solid.

Along with that comes the "Potential" to get maintenance'd to death, to have 2am calls about toilets, to have to actively monitor and manage the manager to press them to do their dang-job, to HOPE I make __X__ money that month, or next month.   

-Try doing community events (Think holiday events)-Handle Maintenance requests quickly and swiftly (Have a process in place)-If Possible offer additional amenities (Washer/Dryer or toilet upgrade in units may seem costly but can reduce overall costs by driving water costs down)

No longer interested in tenant & toilets.