We found that it was very important to do quarterly inspections to make sure damage didn't get out of hand and we could hold tenants accountable and make them pay for their damages.

Even with all my properties on quarterly treatment schedules, it still happens.

You can spot this if the walls aren't vertical, the floors aren't flat, or there are cracks larger than a quarter coin in the walls or foundation. 

I started needing quarterly strategy sessions and not all CPA firms are set up to give tax strategy advice to investors. 

Of course, the percentage is due to the taxation and potential penalties one will incur if they tap that money.

We have an employee who meets with each tenant each month, does monthly walk arounds and quarterly inspections.

However, you do need to file quarterly reports with the county letting them know the amount of tax you paid for each property you operate. 

They were not upfront about it, seemed like a 4th quarter bait and switch tactic to me  

Use these concepts to decide on the pad width along the outside property lines.Edge- 1 inch dip, to keep out wind blown rain under the door.Pad Length--Fire wall, not tied to office or lived in quarters.

If you're used to handling larger properties, I would consider buying a larger apartment complex and live in one of the units or the manager quarters.