We don't even let the tenants fill nail holes or touch-up paint, as they usually screw it up, so we let a lot of little things go as normal wear and tear and just have it addressed between tenants.

That will require a rough and final inspection. 2) When installing drywall you will need a nail/screw pattern inspection. 3) You will need to provide 'conditioned air' to these rooms..how are you going to do this and that will require inspection.Will you have to increase the size of the electrical panel?

75% LTV is the cap on cash out with many (but not all) lenders, so I'd make sure you have a viable option for 80% before you make your decision.

Once you have those dates nailed down, have your setup team at the house opening the rest of the boxes and setting things up, that way you have someone to receive the delivery who is not just getting paid to wait around. 

Hey @Eric Chappell  You've absolutely nailed it - "class tracking" or the equivalent somewhere else is usually a top dollar feature.

@Shiloh Lundahl I think you are hitting the nail on the head: these different strategies reflect our different personalities and personal preferences. 

Yeah well the not being liable has left the corral... both those guys are liable.. just depends on who wants to stick up for themselves.. most of these companies that get nailed you will see on American greed and other shows they get nailed for wire fraud.. now many think wire fraud is just stealing money its NOT.. its also sending false statements over the internet or websites or marketing.. there is a lot that goes into wire fraud.. whether that's the case here who knows. 

Neither outcome is good for you.I give some approximations of each expense category in The Hands-Off Investor, but the best way to nail down operating costs is to look at the property's historical performance.For example, Contract Services and Utilities. 

@Danny Gonzalez you hit the nail on the head.

maybe you can form your own mastermind / small group of local people in your same situation and work on strategies together.I think @Marcus Auerbach totally nailed it.