The software interface isn't terribly efficient, but it performs its functions just fine)That said, I think there are some locks that have a wifi function and no fee, BUT they require interfacing with a smart hub - and the cost of setting that up combined with the amount of tech knowledge needed/potential for things to go wrong made me give them a pass.  

Tech jobs, positive migration, combined with low property taxes, landlord friendly, and no state income tax make Nevada a solid place to invest.

I’m considering using materials such as wood, PVC, conduit, or metal pipes, combined with canvas, tarp, or plastic for the covering.

Success usually is a combination in varying amounts of hard work, good decisions, and a some luck.When arbitrage comes up on here, as it often does, I am usually "gloom and doom" playing devils advocate because the OP is usually on an emotional high from watching a YouTube video about making 6 figures overnight doing arbitrage.I started my business in 2016 with a high end arbitrage, then began acquiring my own, and lastly into management. 

Find a good insurance person that specializes in what you're looking to do and have them look at deals before you buy them, it's a crap shoot right now. 40% isn't too crazy for the exp ratio without mortgage or replacement reserves, I definitely wouldn't go below that.

Equity raised, debt, or a combination?

In the next few months, I'll have:$260,000 in savings$100,000 in equity in the loft$355,000 outstanding on the houseShould I sell the loft, use the equity, and combine it with my savings to pay off the house?

Inheriting tenants is always a crap shoot, sometimes they are great, other times not so much.

But over a long enough investing period the numbers should more or less balance themselves out and become fairly reliable.As Bruce pointed out, the alternative is to buy and remodel a piece of crap house. 

The unfinished, the boxes are crap but the frame and doors are decent quality.