That would be cheaper than a 20k bill that I have now.. so yeah I would actually pay extra for them to secure and keep an eye on a property after throwing out a disgruntled tenant. 

New equipment would be extra.

Many investment properties do not cash flow when 100% financed.I am not trying to talk you out of doing this, but make sure you invest that $70K wisely, so it isn't just an extra monthly burden.

So you could utilize this for your existing property, not taking on any extra payments if it is structured properly.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

And I rented out extra rooms and units to cover my rent.

And if it’s always 2 weeks late it like his due date is just the 15th instead of the 1st and I’m getting extra rent. 

If you have extra cash, you can always prepay.

I'd rather put that burden on the outgoing tenant who will likely be more than happy to cover it rather than get saddled with a lawsuit or an extra month's rent.

As seen in the report, I am charging utility outside of water and garbage to the tenants and about a 7% average for vacancy, maintenance and cap X with a 25 allocation each month as extra.