Additionally, we addressed plumbing and electrical issues to make the property fully rental-compliant.

Easy way to just be done with any mold issues on the walls.Our managers brother used to put up metal roofs and buildings. 

look at Rural Japan its closer and much better tenants you can buy homes there for 40 to 60k that rent for 500 to 700. never a worry about tenant issues like your going to experience with C class US tenants.  800 sq ft is a very large home in Hong Kong if your not living with family and your maid in the same apartment What a coincidence!

The biggest challenge was addressing unforeseen structural issues, which ate into the budget.

The biggest challenge was addressing unforeseen structural issues, which ate into the budget.

In Philadelphia, which is where I am located there was a recent re-set on rents that are significantly higher and suspect the increased rents will cause more investors to turn to the program which may cause more lease-up issues.

We are now beginning to crack down more as some insurance companies for property owners are asking for copies of all renter's insurance policies to issue liability coverage on properties.Aside from having in leases that renter's insurance is a requirement, how do others actually enforce the tenant getting it?

If there weren't any issues than we would refund the money.

The more issues you can take off their plate before you lock it up under contract the better you'll be.

My youngest is 16 and very independent so no issues there.