And as David Greene referred to it, in his “Long Distance Real Estate Investing” book, keep as much water (equity) in your cup as possible?

I have a number of LTR’s but STR blows the LTR’s out of the water.  

Hi,I had Americanway HVAC and plumbing change out my AC equipment and also change one of the water heaters.They were pretty good and not outlandishly priced.

It's why we won't buy in the sunbelt states that are so popular but where lack of water is going to become a more urgent problem.

Once in a while you will see a post by someone who is failing at it, but please, please be aware that there are an awful lot of people who have failed at it or who are treading water.

When your A/C or water heater isn't working, "sometime toward the middle of next week" won't get it done.

What are local business license requirements, what does the water utility company require, and gas...

Roof - 6-8k  (paying 15k for a new roof is way too high) HVAC - 5-8k Water Heater - 1.5k Cleanouts - 5k  

Nature and provider of the utilities (city water or well, city sewer or septic, other utility sources and whether or not they are direct billed to the tenant or not)Age of the parkUnderground infrastructure age and condition (have there been any repairs?)

They each helped the other move out, then move in.  2 days after getting the keys the new tenants informed us they did not have hot water.