By the time utilities are included (WiFi, gas, electricity, water), my rent was ~$500 less than LTR rent. 

I believe one is just efficiency.

Only a portion of the water pipes are in the attic.

Probably most water claims and expenses are not from undetected leaks. 

Your pivot makes sense and most owners I talk to in Fort Worth and Arlington are more scared of the one big water event than the drip stuff because a single claim can wreck the year and make renewal even uglier.

If your rent is higher and your ability to turn a unit yourself is impaired by distance, lack of time, etc that could be less efficient. 

Do not run water lines in any unheated space.

Amazon announced another 16,000 layoffs, reinforcing the same theme: even the most dominant companies are prioritizing efficiency, margin discipline, and flexibility over headcount growth.

Thank you.OWNERSHIP ENTITY- Obtain copy of deed to confirm legal owner- If domestic LLC, confirm annual registration is current & who can legally sign- If foreign LLC, confirm registered in Michigan (where we & property are) & who can legally sign- If Trust, get paperwork showing who can legally sign- Confirm city assesssor & water dept have correct owner & mailing addressPROPERTY- Confirm we are added to insurance policy- Confirm property taxes are current- Lookup public records for property data- Confirm rental license active- Confirm no outstanding permits, assessments, etc.- TakeOver Evaluation Video & Property Data Sheet, share video with owner for possible repairs- Per owner selections on our PMA, have tax docs, water bills, etc. mailed to us.TENANTS- Send tenant(s) Welcome Aboard Package with TakeOver Questionnaire (confirms occupants, pets, how long there, rent rate, security deposit, who owns appliances, etc.)- Review previous rent ledger for patterns to be aware of, note their lease in PMC software- Try to convert to our Lease, to make it easier on our staff (we don't tell tenants they don't have to do this)- Opportunity to renew/extend lease with increase?

This townhome has HOA which outsourced water meter reading etc. to a third party company.