But storEdge is just one piece of the larger hardware, software and call-center package that they have put together (including customized programming that they have done on their own).So far I have not found a syndication sponsor that is more innovative at automating facilities and removing manual/human management.

I used this, plus $10,000 I had saved up, to buy 2 more rentals as a package deal with a conventional 30 year mortgage with 20% down.

Another food for thought is that if you do your own work and something goes wrong, your insurance might not cover it.

Check if a single package unit is cheaper to install - it needs the space of a small closet and ductwork of course.

Especially if you plan to have a fresh interior anyway, sell the whole package. 

I was wondering if I were to choose the $40.00 package would I be able to get away with charging a $40 application fee to interested renters or is that a little to steep?

Send them info about it well in advance. a nice package with a folder and a professional headshot and a printout of a press release for the event, with lots of great and interesting details that a reporter can easily report and even spice up as they do.

They wanted to make a partial payment because dad has Cancer & is without food. 

You could definitely turn a sizable passive income package with $300K.

All the facts about the house should be included in the "Hardship Letter" portion of the Short Sale Package, and should also be detailed with the Appraiser that comes out to value the property.