Not sure about the lockbox but I would certainly put a cap on the amount you will pay for utilities.

EVERY house I buy has some open junction box.I have seen plastic sleeved wired shredded on steel studs or nailed.

The dot com crash put a lot of nails in that coffin.

:roll: Jon Klaus hit the nail on the head - Vacant homes depreciate fast--vandalism, theft, squatters, unfixed problems get worse.

I was in Acupulco in the 70's,,the main houses there are 4 sheets of scrap corrugated tin nailed to a tree,,,and whole families lived inside!!

This is just one more nail in the coffin of our society as we know it.

I was consistently nailed for loose hand rails, smoke detectors with the batteries taken out, Fire extinguishers out of date or not in place, loose door knobs, typical renter mentality stuff, the lines in the parking lot were not dark enough one year.

Mr Investor, you hit the nail on the head w/ regards to wholesale "gurus" btw....

I don't agree with Mike all the time and am not as blunt as he is, but I must say, he hit that nail on the head!

I have a one story OLD (Complete with square nails)rental house I have been trying to replace some rotten siding and sheathing on.