I like the idea of having one of my biggest "expenses" i.e. my debt service fixed for the full loan period, especially with risk of interest rates being on the rise.  

it is quite a process and generally not cost effective-there are services that will sub meter for you for a fee but in that small a complex it usually does not make sense.

That will help with maintenance and service calls as you can build a relationship with that local company.While researching the service companies you can also ask the repairmen what appliances have the least amount of issues.

When I was at another company, we got approached to find and provide construction services for a new flipping show where they were going to do multiple houses adjacent to each other. 

We give you a dedicated line for your tenants to callWe diagnose if the issue is an emergency or notWe troubleshoot the issue with our own team to try and get a fix done over the phoneWe will get a contractor out to the home asap if we can't fix the emergency on the phoneIf it is a standard request, we'll email you and see if you want us to send someone out to fix itIf you think a service like ours would save you time and hassle please reach out.

so to be successful at this end of it means.. you need great contacts at your title company that will give you a lot of information and also do a date down literally on the phone with you.. you catch 97% of what needs to be caught but your still taking risk.you need to be able to prep your own docs.. you need to get the seller to a reputable notary  preferably at a title company your going to end up using to resell so they know the deed was not forged or coerced .. then you need CASH to either pay off the loan that day or reinstate it.. you need great relationships with the trustee's handling these you should be on first name basis with the person in charge of the file.. then you need courier service to run the cashiers checks ( in my instance from Portland to Seattle to NW trustee services). 

What kind of services, operations, reports, bookkeeping is included in the PM fee? 

I use his inspection services often and he has conducted over 10,000 in the past 20 years.

Just stay in the triangle of Truckee, Hwy 89 and Hwy 267 and it should do pretty well so long as you have a good property with good customer service in place.  

Everyone hurried to be in before school started, including students at AC.Condos are super rare in this area as well, so not many people seek out condos, I may be wrong, but I don’t think many property managers in this area do placement, they want the full service obviously as placement is the hardest part.