At SXSW I saw one of their people and they said they will have the ability to get bids on jobs like cleaning, painting and such soon - I assume this is how they make money. “ Ben TravisPros: they are new and offer free operations for landlords and tenants Cons: new company, not mentioned on BP much Cost: “We get paid by service providers - like insurance companies, plumbing companies, screening companies, A/C and heating, moving companies..... oh you get the idea.

I think it would depend highly on the town itself as to its ability to draw visitors from other places either as tourists or for business.For your Airbnb in Toronto, did you use a management company or do it yourself?

With my limited ability and experience to recognize a good deal when i see it, This situation seems a little better than a few of the other properties that i have had the option of buying but I am concerned about screwing myself over before ive even started by overpaying for a building. 

Sound principles, good numbers and ability to drive to it make the most sense for me and allowed me to bounce back. 

However I'd strongly advise that you be honest with you ability to comprehend financial information and read and interpret tax code.

Instead, I did a couple of searches for key words and phrases (such as "prior to" and "in service" and "de minimus" and the below is what I found.Please copy/paste the relevant sections that support a taxpayer's ability to claim a de minimus deduction for assets BEFORE they are placed into service.  

I would say your fee cost is in right range, I would also put that if you are kept from access to apartment for service a fee of 75.00 will be charge for blocking entry, so if you have a notice out you will be doing routine work or inspection and they haven't called to reschedule you given them a bill because you were denied entry and have to come back, it happens and it's a complete waste of time.. 

That is, the PM will advertise, run the various checks for credit, evictions, criminal, ability to pay, etc but ultimately they'll recommend a few applicants, I'll look at the documentation and pick one? 

I blame myself for not taking action much earlier in life when I had the ability to make all the decisions alone.

Basically tenants become less fluid, therefore rental supply goes down and when units open up market rents are way higher.You need to understand the RC ordinances in your city: do you have the ability to pass improvement cost to your tenants, what is the rental increase cap per year, what are the "just cause" rules, etc.