Any deferred maintenance?

This most commonly would be achieved by getting the properties under contract to purchase with an inspection period, or working out some type of option to sell deal with the seller.I'm not a coach so I won't get into much more detail other than that.

He self manages, so not running around to show and screen allows him the time to handle maintenance tasks and deal with other issues that surround his business.

Regarding the ceiling fan, you might have something in your lease regarding the tenants failure to report a maintenance issue (the blade doesn't typically fly off, it was either lose and shaking for a while or it was hit by something and damaged).If I were in your shoes, and I probably will be someday with another crazy tenant, I would replace the fan right away, with a flush-mount light.

If the person has a common name it's more difficult.

Make sure if you buy a new toilet bowl that the depth is correct size for the wall of your bathroom and also that the toilet has a smooth coating on the inside of the bowl so that waste goes down easily and does not clog.A friend of mine that owns a 140 unit complex started putting in the cheapest bowls that did not have the smooth coating and the smaller opening and plumber and maintenance calls to unclog went through the roof.

Forgot to mention - I would pay cash for the property and I have factored in 10% annual maintenance/repair, 5% self managing cost; $1393.00/year property taxes, insurance, utilities, and 10% vacancy/bad debt/collections into my spreadsheet.

I just left active duty Air Force last summer (former maintenance officer).

MFRs often have more maintenance and clients involved.

Brian Gibbons -It sounds like we have a lot in common with John.