Do nothing and the trash gets picked up, snow gets shoveled, pests get killed, and other bills you never expected to pay will be payable.

I have been looking for property managers as I am not in the immediate area, but have struggled to find those that are highly recommended that still keep turnover costs reasonable (some 65%+ of first months rent) and maintenance-related fees reasonable as I expect mostly 1 year, college tenants.  

I have already heard Maureen talk on Get Rich Education and have also had a phone conversation with her about my needs/expectations as an investor. 

. - what is a reasonable rent to expect from units that have 2Br and 1Ba around here?

@Roger Beaman Everyone has a different definition see below.I guess my point is the higher end the property and clientele the higher level of service that is expected and should be provided so that they renew their lease.

Send in a ton of paper work FEIN, rent rolls for SFS, 3 years of tax returns, 24 lease agreements, contract, p&l on complex, I gave them a 5 year plan of expected rent increase vs expenses.Scheduled walk thru- Due diligence time.

And, expect to pay going market value for rentals. 

Hi Nghi--Pretty easy to get 75% on a R/T or Cashout refi with rates starting in the low 5's for a 5 yr ARM. 

First time attending such meet, not sure what I will be expecting but will great opportunity to network with other local investors.

@Jeremy M. this is plaster and I didn't check the walls at all, but I expect to find some there.