Although, rents are starting to plateau all over Utah, if not come down, so just be cautious of that while running numbers.

I live in a lower-income area, so I figure that the better tenants you will get with a safe house, the ongoing safety the tenants feel, and the lowered risk of a break-in (when occupied or vacant getting ready to lease), and reduced headaches/vacancy/potential damage are worth the marginal up-front cost of having it installed.

You have to disclose all of this when you sell, so you will end up paying your plumber or discounting to your buyer.

I wasn't going to let this deter me so I began looking for deals but the numbers just didn't pan out.

There may be tax implications to that maneuver, so check with a CPA.

@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?

I have been paid off by Cogo loans so I know it happens. 

Maybe they are like me and hate ironing clothes, so they throw them in the dryer for a few minutes haha.

Our names go on title and our loans have the real estate as collateral so they are “secured loans.”  

So I see NO conflict personally.