People will suffer and die, jobs will be lost, bankruptcy and foreclosures rife, supply chains disrupted.

In either case, it sounds like they're dodging the work that really needs to be done, with regular band aid fixes. 

On one occasion, I complained about it, and they tell me it costs them to supply the meter, and back then, they have to send "meter readers" around monthly to read the meter, and that costs them money at union rates even if I don't use any gas.

Just regular bank How did you add value to the deal?

Even if you get those with this purchase, be prepared to replace them regularly.

The reason being that it lowers your total OpEx and to show an inflated NOI and thus an inflated valuation to the market.It's relativity easy to identify and the easiest way to factor it into your own underwriting is to understand how much it will cost you or your PM to do turns/regular maintenance.

Another good reason to do regular property inspections. 

They have regular meet ups.

I’m surprised more people don’t do this regularly, especially if it a good deal.

With more supply, the appreciation would level out.