@Nick SabatWe still have to manually test smoke detectors twice a year (insurance purposes), but in bigger buildings are experimenting with being able to tie into the alarm and suppression system to get alerts and check status.We may have a deep retrofit renovation ahead of us this summer (depends how things go at auction in a couple of weeks and our velocity with all the other projects) where I plan to install a "smart" panel which will allow us to remotely monitor and control individual circuits.

Each city has their own unique characteristics and advantages/disadvantages so it comes down to your appetite for return versus risk (as well as your timing of holding and budget).To answer your question around financing, it depends on the amount of budget you are willing to work with.

That being said, you will also find that the younger names here in town have a different appetite and risk tolerance.

The month before was a MFR BRRR with around the same, so there's definitely appetite for getting out in the field.Not sure what the appetite to pay would be, or how what you're thinking about would differ (maybe more structured with more formally prepared material?).  

;) If an investor is experienced in RE and has an appetite for more risk they could use the cash for flips while they wait.  

Being a person who finds suppression of violence a tedious daily annoyance- these issue you brought up ranks just under waiting for my daughters captor for things to do.  

Maybe worth it to walk, but in business and finances, keep the that pathos mind suppressed and that logos mind at the front.  

Your risk appetite is much larger than mine.

. #1- The Taxes in Delco are cash flow black holes and some areas have started issuing ordinances to the tune of "If you own a rental property in yadda yadda twsp it must be equipped with sprinklers and other fire suppression systems.  

All your reading has whet your appetite.