One trick I found is that old rubber air hoses make for good tie down straps and that romex or extension cords can work well too in a pinch.Another is that getting into a house without a key is usually not that hard so I don't worry about keeping track of keys of properties I am not currently working on.

It's been fully renovated: new driveway, new interiors, extensive remodeling.

Although I have no magic crystal ball - On a gut jobDepending on how extensive you are guttingWindows/Electric/HVAC/Plumbing $45 - $65 per SF is a fair Guesstimate

If you can't find funding sometimes there is an extension. 

Maybe it's because I have extensive construction experience and I did things that even my subcontractors saw as over the top and the buyers won't even notice but it's the peace of mind that it was done right.

Will be done in 3.5 yrs. http://kcstreetcar.org/about-streetcar/mainstreet-extension/

Otherwise, it is mighty dangerous, because everyone wants to be in expert in health, law and taxes, based on their extensive Facebook studies.Your friend has (correctly) heard that the new tax law allows Section 179 for rental properties.

There are mixed reviews on whether this is a positive or a negative, but if the other factors have been met, this is another great sign you've found a company dedicated to providing a quality product and resident to manage.Also, even though some of the prices look like there is a premium in price point, you have to find the value in the services being provided: Extensive research in the submarkets in their city, leasing services, value add to the property, and property management. 

The process for getting it properly inspected may require some breaking into drywall to access electrical or plumbing but in my opinion that should not be a huge deal provided its not overly extensive. 

He has over 50 rental properties and has extensive knowledge within this particular market.