You should have an agreement that spells out the expectations, equipment you provide, and what happens if the tenants do not do the work, do not do it well enough, or they cause a fine by the city. 

Licensed Plumber Certification I certify that (check all that apply): I have installed the submetering equipment listed above in accordance with accepted plumbing standards.

I pay an additional $500 per year to cover my tools and equipment, and another $200 per year to cover a "non-owned vehicle" (so that if my employee is driving to make a repair and is on the clock and gets into an accident, I'm covered if the plaintiff's lawyer goes after my company).I'll have to double-check with my insurance agent about the cost implications of forming a new PM LLC, but I don't expect it to be thousands of dollars in additional liability coverage.

Based on comps in the area I believe the property value is between 145-155kYesterday the son of the owner of an identical duplex next door approached me to see if I would be interested in buying their mothers property, as she was in poor health.

They are only used for hiding a owners identity but do not actually accomplish even that.

Nik, I had an almost identical experience as yours.

I was offered a job but they want me to purchase equipment needed for job with a check

I know that's on the low end, but it covers everything and we've never had a vacancy because identical condos in our complex rent for $1,250 - $1,400.

My husband and I are exploring almost an identical situation.

For example, and not by way of limitation, Brokers and salespersons have no special training, knowledge or experience with regard to discovering and/or evaluating physical defects, including structural defects, roof, basement, mechanical equipment, such as heating, air conditioning and electrical systems, sewage, plumbing, exterior drainage, termite, and other types of insect infestation or damage caused by such infestation.