Self-inflicted - renter locked themselves out of house; kid broke the window.If you have the phone numbers for a good plumber, heating contractor, locksmith, that covers 95-99% of anything you will be hit with.

It serves two purposes; first, contractors can let themselves in and second, if the tenants lock themselves out, someone on his team can let them in, charge a lockout fee, and not have to find/bring keys or call a locksmith.

(In short, don't make your own keys or have a locksmith change the locks or you will pay for changing all the locks back to my standard, plus basic fees for new / lost keys.)I also get a check-in condition sheet.  

I have seen that some request a key to be mailed or request paperwork allowing for the investor to gain access via a locksmith.

Just rekeyed the other 3 units and moved on.

One would have to build relationships with repair vendors, locksmith, cleaners, etc, in that market.

Hi-We are starting a rooming house and I'm thinking the combo keyless locks would be way cheaper to change the code between tenants than to re key constantly.

Or maybe you have a policy that you simply don't deal with lockouts and they need to call a locksmith?

Can I have a locksmith get me into the house, change the locks, and just start putting items outside since there's nobody in the house during the day?

My biggest challenge was getting keys to the places (I had to break into one of the homes when I took possession - it was a holiday weekend and it is in a small town with no locksmiths available).