Insurance....Get lots of it. Make sure you comply with the insurance contract. Do not try to save money here. Tenants do not care about day to day care. Something will go wrong eventually....probably involving lots of water flooding into your property or a neighbours.
I manage my own apartment and have done so for about 7 years. It's not so bad. A couple of times a year I go out and do a minor repair. It actually provides me with an excuse to check on the unit.
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