You call out the tenant for not requesting the smart lock be fixed, BUT it sounds like you knew about it!

Investment Info:Single-family residence fix & flip investment.

the one that broke even was a fix and flip play that the fix happened but the flip did not work. 

and... there's still a good amount of competition on those. 

Long term rentals typically require much less work than a fix and flip.

FHA loans only require about 3.5% down, so it’s a great way to start generating passive income while keeping your housing costs low.If you’re leaning towards renting for now, you could still invest by looking at fix and flip properties or even partnering with someone more experienced to get your foot in the door.

@Ana VhanNot sure if my attorney does fix fee for your situation, but she has been amazing.Kaitlyn​​​​ R.

For us we all typically use 0% business credit cards to furnish the property which can amount to $40-$60k+ depending on how crazy you go. 

But to be fair, I have spent a great amount of time very recently trying to help another professional 20 years in experience ahead of me bail out of a mistake I NEVER would have made.

Welcome to the community and be ready for a huge amount of information at your finger tips.