I gave my $300,000 move-in ready beautiful vacant home to this large well known local co in Oct 2016.( Ive owned and self-managed another very similar rental in the same subdivision-- since 1998--and it has never had one day of vacancy in 16 years-- rented at $1860.)This professional pm co put all utilities in their name on my new property and turned the hot water heater ON and the Water ON ( even tho the main water cutoff valve is easily accessible in the coat closet beside the garage, the entire 3 months they 'managed it').They let the property sit VACANT OCT-NOVand on their "routine inspection on Dec 1, to make sure hobos had not moved in" they SAW the water heater in the garage was spewing (at full blast) A 20' stream/ fountain of HOT WATERand that the entire finished closed garage was covered COVERED !!

They can buy in a park to have affordable housing that doesn't break the bank.

Be sure to differentiate "normal wear & tear" from damages.If you have a routine for move-outs, all of that is 'normal', eg: cleaning carpets. 

We really like that area.Gentrification potential: Grade B+Jefferson-Chalmers/CreeksideJefferson Chalmers has been called “a diamond in the rough,” with more than 160 acres of riverfront parks, boat launches, fishing and outdoor recreation opportunities.

That should  be a 'once in your life due to a family emergency thing,' not a normal routine way to pay rent.

Stories2Property TypeMultifamilyYear Built1988Property Sub-typeGarden/Low-RiseLot Size24,564 SFProperty Use TypeInvestmentAPN / Parcel IDU-06-28-19-ZZZ-000001-26920.0Commission Split2%Parking Ratio3.50 / 1,000 SF

Sunday - downstairs tenant complains about prior discussed on street parking.

It seems the location is getting quite a bit of foot traffic and has metered parking in front of the entrance.

Consider what I saw routinely - a teenage girl has a baby out of wedlock, works part time and gets 1,000 of EIC.

@Joe Splitrock  good catch.having been in the finance side of distressed assets for more than a few decades I see this stuff routinely.. you should see the 5 hoarder houses I bought this year... stuffed to the rafters with stuff stink so bad you need a bunny suit..