You can optimize your business by cutting expenses (getting things done cheaper, hardening your rentals, protesting property taxes, reducing insurance, etc.) or increasing revenue.  

This alone reduces many of the problems associated with directly managing one's property.

The RPOA worked with legislators several years ago to reduce the notice period to 24 hours. 

Some areas of the US have deals where you can purchase electricity in middle of the night as long as you have a storage medium (they make special electric heaters with masonry storage for reasonable costs) for a very reduced cost for the electricity.  

Price reduced now to $145k but still only a sucker will pay even 1/2 that.

If so, are you then able to negotiate directly with the bank to get the mortgage reduced?

I have an applicant but they are section 8 and their income doesn't qualify for the rent... we're not going to reduce the rent for section 8.I have pulled all the ads pending further decisions about the disposition of the property.

We have reduced the amount of problem tenants by taking what we learned with our terrible tenants and making sure new applicants don't have the same attributes.

One is in an area served by community volunteer fire department and having watched these guys respond reminded me of the Keystone Cops, so it's insured at about 85% of the cost to replace it.Insurance policies have a co-insurance clause that reduces the amount they will insure in the event you are under insured, it is assumed that you have co-insured the property.

The payout on partial claims is reduced by the depreciation.