With the purchase, the rehab, the closing costs and the holding costs (hard money, taxes, insurance, utilities) our all in is around $200,000, but we have created $40,000 in equity.

Which reminds me that I should mention that I’m not opposed to living a not-so-luxurious lifestyle in the short run.

@Michael Beirne Lower priced markets such as Baltimore are very difficult to operate in utilizing entirely 3rd party support.

@Shmou N.ShmouYou can collect Rent and all other fees; Utilities, parking, or any other fee needed.We don't currently have a notification of the deposit but I will add it to our develoemt roadmap and you will see it in an update.

Utilizing the preREO strategy, a receiver (i.e. a local real estate agent or property manager who you may already have a relationship with) could be appointed to make repairs and rent out the home during the foreclosure process.

The income includes things like late fees, a rented garage, and utilities that are billed back to the tenant. 

I am in the Charlotte market and surrounding, and I do everything from luxury $950k-$2MM to starter homes from $250k to $300k and townhome sites.

.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.

I'm paying for what I'm getting right nowThat being said - I could pay slightly more for something where I know, or have a very good idea something is going to happen - such as road access, utility access, new developments of some sort etc Or less (probably wouldn't buy) if something bad is going to happen - railroad tracks, dump, Sec 8 housing built near by etc 

In my case, I had small bedrooms in a small house and took out the small closets to each of the bedrooms because I needed that space to create a larger bathroom, utility room, and create a hall closet that before did not exist, leaving both bedrooms without a traditional "closet".