The coordination of insurance, water, electrical and contractors were the most time consuming parts.

Property owners still need to keep the common areas lights on, still need to pay for water in certain places, pest control, landscaping etc... 

Plumber for hot water change-outs (licensed) 8.

One water heater or HVAC compressor will wipe out his entire year profit. 100% of Fayetteville MF is overpriced.

@Joe Cassandra  well you just blew me out of the water  LOL. 

The market standard is that SFR tenants pay all utilities, including water and gas.

Just wanted to test waters and get into investing into property or purchasing an renting out or even purchasing property and reselling... any advice anyone can give me it would be greatly appreciated

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

People love hardwoods and if they are clean and smooth they are very forgiving about any "character flaws" such as old water stains or cigarette burns.

The saving grace of this home, all the natural woodwork was kept in remarkable condition AND since the home is in the flight path of the airport, 5 years ago Mitchell International came in and replaced all the windows, exterior doors, installed 2 new furnaces, 2 new central air units, basement dehumidifiers, and water heaters.