This analysis should include all potential revenues and expenses.If managing the property remotely becomes challenging, hiring a property management company could be a beneficial move to ensure the property is well-maintained and the tenants are properly managed.Finally, having an exit strategy in place for unforeseen circumstances or changes in the market is necessary.

Gutters, downspout repair, siding etc-good reviews on angis list, has his company registered as a LLC, referred to me by a local contact -can provide proof of insurance but will not add me to it as additionally insured. 

Just because ONE title company is nervous doesn't mean there is anything wrong.If defective, it might be fixable.Depending on the property, the right of redemption might be only 6 months.

We have been without electrical power for four days.Your leasing company is receiving a very poor grade!"

A good PM company can be a life saver for investors, but if you're starting out they don't make sense.

I understand that they are looking at income and assets… my question was specifically about how mortgage companies view depreciation on existing properties…

That agreement would be between you and the company (despite whether you're a member or not) This way, you're covering business needs while maintaining transparency.

I’m currently writing a business plan to start a property management company.

I am in Illinois and could use advice if anyone has had luck with a particular company and these circumstances. 

You also need a good insurance company that can give you an inexpensive builders risk rider with your insurance policy.