Our company had been set up by departments traditionally, that's common. 

Now if you have the time and don't mind receiving calls for issues and handling it yourself or hiring someone for the job, then consider managing it yourself for the first year and see how it goes.

I'd also consider a 30 day non-renewal notice to avoid it continuing and causing any further problems. 

You could consider a sellers home inspection (paid for by you) prior to listing the property so that buyers make their offers based on known areas of attention.

Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).

So I’m considering getting a 2nd property.

I am looking for some help getting a liability agreement set up for my new short term rental.

(Minus the small percent of the payments they’ve made that’s been considered capital gains.)My understanding is the 60 payments they make will be split up in to interest (regular taxes), capital gains (15% usually), and principle pay down (non-taxable.).

I’m considering building a 120 sq ft studio in the back yard to serve as an office.

Also to answer your last, we have gone to appointments set by wholesalers/agents but not cold calling yet.