@Wes Blackwell writes essays on Sacramento on a fairly regular basis, check out his post history. 

All seasoned landlords out there,I have a situation with one of my rental properties, and hope you can share your thoughts how to handle it.I have been reading @Brandon Turner's managing rental properties book, and realize that I don't have a "regular property inspection" clause in my lease.  

And I don't want my money to be tied up too long so I can continue to invest or lend on a regular basis.And what are the advantages and drawbacks in doing this?

After a week or so of obsessively learning all I can from you, I figured it's time to actually reach out and interact. 

Better yet, have the monitors inspected regularly.

Agree that we should run the numbers as if it's a regular rental. 

Id recommend reading the Ultimate Beginners Guide to Real Estate Investing by Brandon Turner, attend local REIA meetings regularly, and reach out the BP community with any questions and concerns you may have.

I'm seeking advice on how to handle this somewhat touchy situation, as we have to live next-door and these folks who are fairly strange, and we have had some contentious interaction with them regarding their smoking in the property which is a violation of the lease.

Track all of your expenses and income in report form and review them regularly with a couple of people you trust and understand your goals.  

Approval authorities are under regular review and are subject to adjustment.