But unless you are running flat rate prices and never updating photos, descriptions, messages, guest books, etc, this seems like a greater than $0 cost without a PMS solution.

If it's vacant and really needs cleaning/repairs, then I'll wait until it's more presentable.2.

You need it to be a great deal and be very very quick on your rehab to make those numbers work.Another solution is to stay in your current home a year, then turn it into a rental and buy another house that needs work with a owner occupied rehab loans. 

If the tenant doesn't cure the issue w/in the timeframe then the PM should cure the issue I.e send someone over to clean the yard, and tow the vehicle if necessary.

Commit to spending less, paying off high interest credit cards, maintaining positive cash flow in your personal finances, and cleaning up your personal balance sheet.  

This is my first REI property, so I'm trying to find cost effective solutions to this matter.

But in a rooming house, they pay a much lower rent cost, and get the benefit of a professional cleaning crew doing common areas, kitchens and bathrooms, free high-speed Wi-Fi for their streaming devices, etc.

Hey @Devin Bost, I would highly recommend a few things to help with this. 1) Have systems and processes lined out for any emergency you can think of.2) A spreadsheet of subcontractors/ vendors that could handle the situation that arises (plumbing leak, electric out somewhere, etc.)3) Your cleaning team and handy person should be utilized for some things.4) Something like Breezeway can give you 24/7 support around your property with a dedicated phone number line.

The price tag on this archaeological excavation was enough to make you want to dig your own grave right there.Eventually, we worked out a solution, which included selling the parcel and providing the buyer with a credit and putting the onus on them.

It seems like become Broker MLS-Only might be a solutions (getting MLS and lockbox)?