It would be nice since automation is so popular these days if they could automate the PO systems.

No response, hire a locksmith and change the locks but charge the PM for failing to maintain control of the key.If a tenant refuses to allow access to show a property, I usually let it go.

. $500 to cover your major systems for a year sounds like a deal but do you honestly think a warranty company could stay in business if they were paying out on all those claims?

@Blane MorganThere are alternative structures providing checkbook control that do not utilize a LLC, which will be much more beneficial to you as a California resident. 

@Blake Edwards I don't care if they fund control , I just want the money for improvements, and acquisition of other properties. 

I finally came to the conclusion that each unit needs it's own separate system, and there will be some parts of the home that are not covered by the system.

Three properties with mortgage pay-down, appreciation (equity build up) and monthly cash flow sound a lot more attractive to me than 1 property with a lot of equity but contributing nothing usable to my bank account.Even for season investor, wouldn't you want to have the most use and control of your cash?

He has some great systems that streamline the process.

Hello BP - Is it a requirement to have a fire alarm monitoring system on a multi-family property in Baltimore City?

You should also make sure your entire financial picture can support the pressure of any future problems which could occur in the market, like factories closing, tax increases or rent control to name a few.