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Field Notes

From The Field.

Practical notes on preservation, maintenance, and turnovers from the crew that does the work. What holds up, what fails review, and what it costs to get it right the first time.

02/All Posts

  1. 01

    Industry Insight

    A Saint Petersburg Zip Code Has the Nation's Highest Zombie Foreclosure Rate, Again

    A Saint Petersburg, Florida zip code posted the nation's highest zombie foreclosure rate for the third time this year. Investor owned homes nationwide are sitting vacant at nearly three times the rate of owner occupied housing.

    2 min read

  2. 02

    Storm Season Prep

    Hurricane Season Property Maintenance in Charleston, SC: A Quieter Forecast Doesn't Mean Lower Risk

    Forecasters have downgraded the 2026 Atlantic hurricane season to well below normal, but the Carolinas are still flagged as a higher than average risk zone. For vacant and REO properties near Charleston, that is a reason to prepare, not relax.

    3 min read

  3. 03

    Local Market Update

    Property Maintenance in Charlotte, NC: Keeping Foreclosed and Vacant Homes Ready for Resale

    Charlotte's foreclosure and distressed property inventory keeps a steady stream of vacant homes moving through banks, servicers and asset managers. Every week one sits unmaintained is value slipping off the eventual sale price.

    3 min read

  4. 04

    Industry Update

    South Carolina, Florida Post Nation's Worst Foreclosure Rates as REOs Rise 23 Percent

    Nevada, South Carolina, and Florida posted the country's worst foreclosure rates in July, and completed foreclosures jumped 23 percent annually. North Carolina wasn't far behind, posting the third highest REO count of any state.

    2 min read

  5. 05

    Property Care

    How Often Should Vacant Property Inspections Be Scheduled?

    Loan servicers and insurers don't use the same clock for vacant property inspections, and the gap between the two can cost an owner a claim. Here's what the actual inspection windows require, and how to build a schedule that holds up.

    2 min read

  6. 06

    Property Care

    What's Actually Included In a Property Winterization

    Winterizing a vacant property is a defined sequence of steps, not a thermostat turned down. Here's what HUD and Fannie Mae actually require, and why doing it out of order can undo the point of doing it at all.

    2 min read

  7. 07

    Operations

    North Carolina's Largest Cities Don't Register Vacant Homes. They Rely on Something Else

    Charlotte, Raleigh, and Greensboro don't run a vacant property registry. They enforce through housing codes triggered by complaints and inspections instead. Here's how that model works, and what it means for anyone holding vacant inventory in North Carolina.

    3 min read

  8. 08

    Industry Update

    Columbia, South Carolina Requires Vacant Buildings to Register Within 120 Days

    Columbia, South Carolina gives vacant buildings a 120 day window to register with the city, with its own paperwork and penalties separate from ordinary code enforcement. Here's what the ordinance actually requires from owners and servicers.

    3 min read

  9. 09

    Industry Update

    Vacant Property Isn't Exempt from Florida's Pre Sale Termite Inspection Law

    Florida requires a wood destroying organism inspection before most home sales close, and a vacant or REO property carries more risk of a finding that stalls the deal. Here's what the law actually requires, and where routine maintenance fits in.

    2 min read

  10. 10

    Operations

    Copper Prices Are Spiking, and Vacant Properties Are Taking the Hit

    Copper prices have climbed more than 35 percent this year, and thieves are noticing. Vacant and foreclosed properties, where a break in can go unnoticed for weeks, are emerging as one of the easiest targets.

    2 min read

  11. 11

    Industry Update

    South Carolina Joins North Carolina and Florida in Fast Tracking Squatter Removal

    A new South Carolina law lets property owners get an occupant removed within 24 hours of filing, joining expedited removal laws already in effect in North Carolina and Florida. For owners of vacant property across the Southeast, the legal process just got considerably faster.

    2 min read

  12. 12

    Industry Update

    Florida Insurance Rates Are Falling for the First Time Since 2015, But Not for Vacant Property

    Citizens Property Insurance just cut rates statewide for the first time in over a decade, and private carriers are following. Vacant and REO property owners in Florida are underwritten in a separate category that isn't sharing in the relief.

    2 min read

  13. 13

    Operations

    Property Maintenance Vendors Face a Capacity Squeeze as REO Volume Climbs

    Years of low foreclosure volume thinned out the property maintenance vendor pool, and now rising REO activity is testing what's left of it. Servicers and their coordination partners are feeling the strain first.

    2 min read

  14. 14

    Industry Update

    Florida Posts the Nation's Worst Foreclosure Rate as Southeast Activity Climbs

    Florida recorded the highest state foreclosure rate in the country in the first half of 2026, while North Carolina posted one of the sharpest year over year increases nationwide. For REO and property maintenance operations across the Southeast, the numbers point to a busier back half of the year.

    2 min read

  15. 15

    Industry Update

    3.4 Million Florida Homes Face Elevated Hurricane Risk This Storm Season

    New catastrophe modeling shows millions of Southeast homes exposed to hurricane wind and storm surge damage this season, with hundreds of billions of dollars in property value sitting outside mandatory flood insurance zones. For vacant and REO properties, that exposure carries added weight.

    3 min read

  16. 16

    Industry Insight

    What Does Turnkey Service Mean? A Plain-English Answer for Property Investors

    "Turnkey" gets used loosely across real estate listings and investment pitches alike. Here's the plain-English definition, and what should actually be included before a property earns the label.

    2 min read

  17. 17

    Industry Insight

    What's the Best Turnkey Real Estate Investment Service? Here's How to Tell

    Not every provider selling "turnkey" delivers on the promise. Here's what actually separates a genuine turnkey real estate investment service from a renovated house with a marketing label attached.

    2 min read

  18. 18

    Industry Insight

    An Unmaintained Pool Is the Fastest Way an Empty Property Becomes a Liability

    About ten people die from drowning in the US every day, and most child drownings happen in home pools. On vacant and REO properties, an unmaintained pool turns from a cosmetic issue into a serious liability fast.

    2 min read

  19. 19

    Operations

    Frozen Pipes Cause Up to 29 Percent of All Property Insurance Claims, and Vacant Homes Carry the Most Risk

    Water damage and freezing account for nearly a third of all US property insurance claims, and vacant properties are among the most exposed.

    2 min read

  20. 20

    Industry Insight

    Florida's Milestone Inspection Deadline Is Forcing a Reckoning on Reserve Funding

    Florida condo buildings turning 30 in 2026 face a December 31 milestone inspection deadline, and boards that fall behind on reserves risk daily fines and six figure assessments. Here's how routine property inspection fits into avoiding that outcome.

    2 min read

  21. 21

    Industry Update

    Completed Foreclosures Jumped 45% in Early 2026, and the REO Pipeline Is Feeling It

    Completed foreclosures rose 45 percent year over year in the first quarter of 2026, and timelines are compressing at the same time. Here's what a faster REO pipeline means for the states carrying the heaviest volume.

    2 min read

  22. 22

    Owner & Manager Guides

    How To Choose A Landscape Service For A Growing Portfolio

    Spreadsheets and separate vendors work fine at a handful of properties. Past that, the cracks show. Here's what actually matters when choosing a maintenance vendor for a growing portfolio.

    3 min read

  23. 23

    Owner & Manager Guides

    What's Included In A Property Maintenance Services Contract

    The scope of work is the single most important section of any property maintenance contract. Here's what it should spell out, and why 'I thought that was included' is always a documentation problem.

    2 min read

  24. 24

    Owner & Manager Guides

    What Property Maintenance Services Actually Cost

    Most budgeting rules land property maintenance costs somewhere between $1 and $1.30 per square foot a year. Here's how that range gets set, and what actually moves it up or down.

    2 min read

  25. 25

    Property Care

    How Often Should Landscaping Services Be Scheduled?

    Mowing frequency should swing with the season, not stay fixed all year. Here's how commercial landscaping services schedules actually work, and why a fixed cadence usually costs more in the long run.

    2 min read

  26. 26

    Property Care

    What's Actually Included In Landscape Maintenance Services

    Landscape maintenance covers a lot more than mowing. Here's what a proper contract should include, from irrigation checks to seasonal cleanups, and why the paperwork matters as much as the work.

    2 min read

  27. 27

    Authority Post

    HUD's Winterization Rule Covers the House. North Carolina Law Covers Who's Allowed to Touch It.

    HUD requires every vacant, HUD-insured property in North Carolina to be winterized by October 1st, unless the heat stays running at 55 degrees. But HUD's rule only covers the house. A separate state law decides who is legally allowed to do the work.

    2 min read

Ready When You Are

Reading About It Is The Easy Part.

Tell us the property and the deadline. One crew, every trade, documented to spec.