Charged extra (nickel and dimed for everything else).

(summer months)  We listed our home on airbnb to make extra income while away...without a permit and when we returned after 2 months away...we found we had 2500 dollars worth of fines waiting for us. 

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

It might shape how you feel about doing the property management work, but I suspect you are well capable whether this goes smoothly or whether you encounter some difficulties. 

If you don’t have a dedt service rate issue than you could get the extra money and just hold it in cash or invest it and us that money to pay down the extra.

We converted property to 2 legal units which brought in an extra $1200/ month in rental income and is compliant.

So, definitely seems to be worth the few dollars extra cost vs. a wax ring.

Thank you for the extra thoughts to consider and advice – really do appreciate it and trying to take in as much info as I can right now!

And even if you don't say it is $50/mo, does paying an extra $10-15k or more to avoid that worth it when that cash can bring in more cash flow and equity gain from other properties or investments?

As far as appliances and “extras”, we’ve really scaled back over time.