Generally, the court through some formal or informal mechanism encourages settlements.

Snow and lawn average 1k as well. 6k total.Let's imagine 4 disasterous years in a row - with an eviction every single year at 5K and one major mechanical failure.

I would look for your homes that are listed as investors special, mechanics special, contractor's special, or something similar.

We didn't have any mechanical fixes, although we did get a new water heater this year which cost just over $700.Property Management = $1,684.

More units means more mechanical systems, A/C, and heaters, plumbing and electrical systems.

You can pull all permits except mechanical such as electrical, hvac and plumbing

You probably don’t have mechanics lien rights depending on the exact wording of CA state statutes, here you wouldn’t.As for going forward, hopefully the heirs will proceed with probate and you can get them to honor your agreement.BTW, if you don’t screw up once in a while it just means you aren’t doing anything.....carry on.

Things to watch out on are what you'd watch out on any property -- all of the major elements of the home, plumbing, electrical, mechanical, foundational/structural, roof issues.

I've learned a ton and enjoyed every minute of it, but I've also seen the 60 year old men with bad backs and knees that never progressed past mechanic/journeyman level and will be nearly crippled in retirement.

We've done full scale renovations before but I've historically relied on my contractor and long time friend for the evaluation and decision making with respect to mechanicals (HVAC, plumbing, electric, etc..), but in the past our homes have been in the $150k-$250k price range.