Your suggestion helps in the conversation I'll have with them.One issue I have in mind, perceived or reality, is that we initially negotiated the price in this deal with the seller as a cash deal. 

Getting a PM can remove the headache & time sink of having to navigate all the local laws.

My rental has these and they were in decent shape except for the sink base which was falling apart. 

I've included the 8% to be conservative just in case, but in reality it should be close to 0.Landscaping, snow removal will be me doing it, and trash is included.I've been told that one unit is month to month, one ends in September, and am unsure on the third.

The previous post was removed because I think the attached image was too large. I've now posted a smaller image. Unfortunately was not able to read comments to that initial post before it got removed...Would like the ...

The reality is the appraisal may dictate our direction.

We also found out reality doesn't exactly follow the business plan -- investor loan requirements tightened, higher down payments, a bad first choice of property management -- but it did give us a great road map and the confidence to move forward, and keeping our agreed-upon goals as our guide helped make decisions that kept us moving in the right direction. 

Every window was broken, ever door was destroyed, holes in every wall, sinks ripped from the wall.  

The same room needed further movement of gas pipes for the stove and placement of hot and cold pipes for the sink. 

I would have been in a sinking boat without them when I started out.