.- Tenants can't lock keys in their home.3) Our locksmith created a Master Key system with 10 key option.- One master key opens every door- We go 3 levels under our master, so we can submaster 2-4 unit houses and apartment buildings- Don't need a costly and difficult to secure & track keybox.

Purchase price: $63,000 Cash invested: $25,000 one of 2 houses i purchased from my handyman

At our 3 bedroom Lake House we have both.At our 6 bedroom Pigeon Forge Cabin we have 2 drip coffee makers and don't have a Keurig.So I agree it depends on your property.

I really like Granite Selection in Elk Grove.

@Richard Schubert If the house next door is a solid enough deal you could always raise the money from people in your network to tie it up.

Conversely, anyone can buy a random house in the midwest, underestimate capex, and... lose money. 

Do a search for PM's in the market area and jot down the top 6. 

It is sad but he needs some help, probably supported housing.

Keeping my eye on the worst houses in the best neighbors that need some reno that I can turn into STRs or LTRs.

If rent is late, you follow the same process you always would as specified in your lease.