I already explained to them that Im not responsiable for personal items.

Items like this are negotiable and not all contracts will be written that way.Regarding @Bill Gulley's post, you may not always like what he says.

The following is an itemization of the total amount due:Unpaid Rent $475.00Late Charges $47.50 TOTAL $522.50We highly value your tenancy and hope to gain your cooperation in paying your rent by the 5th of each month.

No real issues other than when items need to be repaired.

Would you consider this as a normal wear and tear or a damaged item that tenant is responsible for the repair/replacement?  

They can smell "smoke" and have found some suspicious items in the yard all while there is a lot of traffic in and out of the apartment.

,I'd add a couple items to your MAO calculation:ARV x .7 - (repair costs) - (minus closing costs) - (desired profit) = MAO...if you're planing on selling.

This is an amazing itemized breakdown.....

I tried Faith Farm and they said they would need an itemized list of everything and wouldn't take stuff that wasn't itemized (no way that list would be huge).I'll keep calling around.

Over $7k cash in my pocket every year is a pretty good return in my book.As for common expenses that come up with rentals, well, every big ticket item is literally brand new installed August of this year (water heater, furnace, A/C, appliances, etc).