The meters are rented and the monthly fee ($7.50) can be charged to the tenant on their statement. 

We would love to work together with a organization that sells the property and has services like rehab network, financing, property management. 

That said, I'm grateful for the alternatives you present--you're keeping the bottom line in mind, so I appreciate your help in exploring options that achieve the bottom line for the investors. 

Quote from @Jed Butikofer: Quote from @Henry Clark:   On line look for property listings that aren’t in the auction  I have researched as you suggested and found a pretty good understanding of what these property tax sales are and it looks like a great opportunity.

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

Quote from @Saul Vargas: looking in Phoenix or Vegas, do you guys have a better market on mind?

The rates beat hard money and it's all online.  

Ken, if the bottom line is you think subject to deals are or can be “dangerous” then I agree! 

The rules are more complex than we can fully explain in an online forum.

Good morning Carl, @David Krulac is right on the money.