We tried to go back to the seller and get a credit to do the panels and bring the fire/smoke/CO monitors and alarms up to code, and got shot down.

@Karam CharroufCapital is Cash.Cold hard CashI was just in another thread and a guy was asking "How can you get an investment property with less than 20-25% down" and long story shot, you kind of can't.

One reason I don't predict a major crash again well a few.. and why I think fence sitters may get a sore butt.is that so many of the NEW crop of landlords are better prepared than pre 08  they have more money into the deals they are far more educated.. the turn key business is far more mature and reliable than pre 08... so that helps those markets. financing has been locked in at historic lows 5 % and under long term money is ridiculously good.. also this crop of landlords had the best buying seasons ever coming out of 08 to 2011.. so asset values were reset to under replacement values and under by a long shot in some markets.. 

The more likely scenario is that they got caught with three unauthorized dogs and are making something up so they can move to a pet-friendly rental.They heard a gun shot?

While I don't havethe final word I am often calling shots.

I'm working on building my network as well, so please fee free to shot me line. 

We have found that it's better to deal with the devil you know, meaning I want the pet to have shots, license, and be mentioned on their renter's insurance.This is, IMHO, not a way to increase income, but simply to (hopefully) break even with any damage the pet does. 

Most often these type of sellers will just laugh at your offer but it's worth a shot, plus its good practicing the process. 

(If you tell them it’s leaking, I’m sure they will ‘forget’ who did the work)Give it a shot.

First, your comparison is like asking  if "it's better to be shot with a pistol or a arrow.