If the Tenants signed the Lease and it says they are accepting the property "as-is" then they can't force you to make a bunch of unnecessary repairs.

I often break it down into the "five pillars" of protecting your assets.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.

A special thank you for your tireless work behind the scenes of BiggerPockets which leads to everyone learning more with less confusion & unnecessary items getting in the way.

I also presume that poking them once a month is unnecessary and expensive, so I was thinking of moving them to a separate list that I hit once a quarter with a 'hey, just checking to see how it's going' kind of letter.  

oRemember that it is imposable to mess up a Motivated Seller Call.

@Kenneth Wiley what doesn't work or feel comfortable for you is just that - all yours. the same goes for what you really like and what works for you. share your experience as such but be clear not to impose either way. 

@Sundone Boutvyseth unnecessary spending IMO

@Melissa Relf Welcome.I've got to agree with @Cameron Norfleet that an MBA and a Real Estate license may be an unnecessary sidetrack...IMHO - I'm not a Team Member guy because that implies we share in the Profit but not the Responsibility.

After all they have just saved you on unnecessary postage.The above are just some thoughts I have about my own campaign, I am open to any criticism or comments.

You'll have to separate out the numbers at tax time anyway and having to reconcile the various properties each month imposes a control that forces someone with check signing authority to evaluate - did we get our money on the winners and is what we owe on the losers properly substantiated.