Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

Our rep at Lendbase never called to apologize or ask if a prepayment penalty was an issue for us.

None of these communities will be changing to residential neighborhoods, although a couple do have residential 'sides' that full time residents live in and can not be rented short term.Two of the big communities that you will have some issues with self managing are Reunion and Margaritaville.

Having the tenant be responsible for something like the first $1000 of each maintenance issue, or $500 can be a big help.

Quote from @Jim Stanley: You should reserve insurance for large claims.Contact the city and report the issue to them.

One of the big issues is that the new PM reached out to the tenants with notice of management change, but without confirmation from the current PM they didn't trust that the new guy was legitimate. 

That means there is not really an effect on the debt to income ratio neither positive (income) or negative (loss) but rather simply making that payment  non issue. 

No lending institution or bank would be permitted to operate with those ratios.

It really shines a clear light onto the issue.

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.