The last question is:  what type of monitoring do you need/want?

Not to mention a decent bank is monitoring line performance and updating values consistently to keep ltvs in bounds.Use it as short term liquidity and use other means to finance long term.

This surprised me as previously (1986) I had been certified as an EPA certified AHERA asbestos inspector, monitor and was the only dual certified inspector/contractor in the state of NH. 

Many of the best landlords bring the management in-house, because they can monitor their properties more effectively.  

Do you charge for monitoring and maintaining vacant units?

They monitor transfers and will appeal the taxes if they suspect some thing; it is only paperwork to start the process.As well there are certain risks / issues you should be aware of;- As noted above, you have to take on the sellers original purchase cost which limits future depreciation- If there are / might be any outstanding liens, they will be yours to deal with- The tri-annual re-appraisal, is being done this year.

Scott,There are several items that you need to think about; common area cleaning, common area utilities (electrical at least), laundry room upkeep, fire alarm servicing and possibly monitoring, etc.

“You have to respond to leads, even legitimate leads, within minutes or someone else scoops it.A Zillow Group spokesperson also confirmed that the ads are fake and told Inman the company is working to monitor scammers who use their logo or domain to mislead the real estate community.

So the price may drop but it will be a result of the RE not being able to generate the same revenue as was attainable as an STR.I suspect we will monitor the price of beach property and if a beach front property in Leucadia area drops in price enough we may purchase it. 

Since these meters are programmed to your house and GPS location most meters are within a house or 2 over from yours.