On top of the actual raw score that info can help evaluate a tenants credit and ability/willingness to pay bills as well.

Evaluate the condition of each unit and attend to all deferred maintenance before jumping the rent.

The system is broken, let's progress towards fixing it.The predictable opposition to the Bill is from the Community Association Institute (CAI) and HOA trial lawyers.

Most Erie agents are not true independent agents, yeah they can write progressive and a few other small insurers, but they are expected to send 70-80% of their business to Erie. 

Better still  evaluate the rental potential. 

The only rule of thumb that I use is one that is built by my model for the area that I am evaluating at the time. 

Keep track of all the expenses even mileage for properties and at the end of the year - you can evaluate how much money you spend. 

You will be lazer focused which breeds progress!

i just dont see the 'hesitation' to check up on your PM's work periodically. they are a contractor and ur agent which you do not SUPERVISE on a daily basis but likewise any owner who does not evaluate the service of their PM is likely to be lumpable with the slew of slumlords out there who just care about the $ not their tenants.and what better, simple way to check up on ur PM's work by askin a few questions of 1 model tenant?!

This is why I don't use cap rates in my evaluations.