Sadly many property investors self manage their properties because they don’t want to pay a property managers fee. At the same time they don’t bother doing the 3 monthly inspections.
My own house insurance policy states that I must prove we have completed 3 monthly inspections, so my property managers all complete reports and include photographs for me. Without this, the insurance would be invalid.
Discovering you’re rental property has been used as a P lab would have to be you’re worst nightmare as a landlord wouldn’t it?
Read all about one landlords experience here….. P Lab.