Make sure you will want to roll over and view the beast at 6am even 5 years from now.  2)  Love The Neighborhood.   

I tell them what I want done in a check list format, and what I want them to resupply and restock the units with. 4 rolls of tissue paper, 4 water bottles, etc.

The only risk is if the company goes bankrupt (which in case I would then start self-managing), and the only costs I'll have to cover are potential structural damages (which would most likely be covered by insurance).Another plus side of having invested all cash, is that I will have potential access to lines of credit both for home equity (up to 70% of home equity), AND for future guaranteed rents (up to 60% of total 10 year rent roll).Already planning on the next property using the same strategy, but this time with traditional financing (looking for 100% mortgage).

Your not going to have much luck forcing tenant to have internet..The cost of the service is a expense you can deduct from your taxes.. it outweighs the cost of water and if there a way possible to add the connection to the apartment it's a bonus for your tenant,, and cost could be rolled over into rent.. 

Hi @Sean Fisher I'm also interested in sub metering service, let me know how it goes and how you plan on rolling the cost onto the tenant.  

I looked at a recent rent roll and everybody was MTM.

Personally when I rented I was always rolling my eyes when I saw a coin-op machine in the building and felt like that was just an extra hidden cost into my rent.

So, that way I can slow roll out the raise in rents.I don't have the actual numbers off-hand, but our total Debt Service (PITI) is about $414 a month. 

I'm posting as a fellow investor.They should produce a quick and dirty prospectus with most details, maybe not rent rolls, but enough to justify their price. if its even in a ballpark, make an offer with EM down.

Everything is finally in order and now I want to run at least 1 campaign before the big day to get the ball rolling again and possibly knock down a couple nice deals to help foot the budget :-)Anyways to the topic at hand...We have always used Yellow Letters . com to handle our marketing and so far the response has been about 2-3% - majority seem to be "tire kickers," so we are considering a little different approach.