"divide and conquer" as you will.For instance, our board starts projects, chooses a vendor (say to paint the community buildings) and then allows the vendor to run amuck with almost no oversight, ignores complaints or refers home owners to the vendors themselves for complaints about, for example, damage caused to one's property by the vendor.

If it were just a financial decision I would go personal but when factoring in the liability element and credit borrowing profile its make the decision a bit more difficult.

I have seen significant appreciation of rents and property values so I have earned equity as well as seen additional positive cash flow.Proper management makes the tenants pay for damages so that also helps keep my expenses down.Tenant selection is the most critical component of property management.

:)Plumbing and draining - fixtures backing upBathroom/kitchen ceiling leaksLow water pressureEntire building inspectionReplace broken window panesRemove drug wrappers in stairwells and around propertyCourtyard stairs have broken treadsRepair holes and cracks in wallsCeiling has water damageReplace doors with proper fire door closuresReplace damaged/missing screensReplace smoke and co detectorsRear brick addition not to original structure.

Forty of the roof airs were considered damaged and would be replaced. mgmt people convinced Lloyds of London that the interior exchanger was not compatible and insurance replaced both.

I live in Southern California.Is an HOA responsible for damages caused by it's contractors?

Find damages and instantly search for solution, handyman, tools & etc.As a calculator based on images making stimates and comparing with other properties with the same structure and all that stuffWhat about you?

There is a valuation process, it's that in residential deals it's too much brain damage, not that it's impossible to do, so 10% is viewed as a relevant option price, but it can be less, as to consideration, establishing an equitable interest and over a reasonable period of time, 3 to 5 years usually.

Didn't really think it would be worth the brain damage of paying the bill and collecting the money from the tenant but perhaps for large users it might be.

Essentially, I am saying it's a bunch of brain damage to have a "potential" value which frankly might not be so accurate based on time.