Minimize expenses and pocket as much of that $60k as you can.

We try to set up at least 3 timeslots each week when we can schedule all the showings to minimize the tenant interuptions.If they won't cooperate or cancel too many scheduled showings, we warn them we will pursue collections to the fullest extent of the law. 

Another thing, the threads move down the forums rather quickly because it's so busy, so the odds of your post being seen for long by very many people is minimal. 

@Benjamin Ying1) Waste of time unless you are buying hundreds of units.2) Any option to minimize risk is usually a good idea.3) Always better to visit an area before investing.

Not the nicest areas, but nice enough.. and I would be looking for minimal cashflow, banking on appreciation. 

It ensures you’re bringing in responsible tenants and minimizing risks.

I love the idea and its really quite nice because the costs are minimal and upside is huge.

The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what? 

To minimize delays, it is important that you get approval to be a section 8 landlord from each housing authority.

With a low 4.75% rate but minimal cash flow ($50–$125/month), your equity could likely work harder elsewhere.