My tenants realize that if they become a pest with frivolous calls, they probably will get a higher rental increase and won’t want to get their lease renewed.

People moved in Echo Park when it was still gang infested beyond Inglewood current state and hipsters were getting robbed left and right.  

I have just had a pest control company out to the house to price a termite bond and he told me there is evidence of mice in the kitchen cabinets, garage, crawl space and attic. 

Good for a baseline.2) Create a pro-forma analysisRents (less 5% vacancy)Expenses (taxes, insurance, repair costs, 5% management fee, snow shoveling, pest expenses, anticipated annual legal fees (evictions etc))For commercial loan rates you are between 5.5% and 7.5%.

Pest control- we put mouse bait out along the fencelines and under the units, mow excess weeds and grass.

If you are a seasoned pro and you live in Austin like me then join the shark infested waters. :) Good luck.

. - Tenant contacted the PM repeatedly for pest issues and a leaking sink.

That said, sure it's possible, but I look at it a little like pest control.

Here's my general rule of thumb: if it's not attracting pests, interfering with neighbors, or causing permanent damage, I usually give them a verbal reminder of their responsibility and then leave it alone.

Favorable landlord/tenant laws, taxes do NOT reassess on the sale, land constraints with lots of demand, tourist destination (Lake Tahoe) right next door, consistent job/population growth, very minimal amount of pests, etc.