Its always nice to be prepared.

What I found was, yes it was nice have additional income, but each project seemed to always interfere.

With your additional $100,000, you’d have a nice cushion to renovate or furnish a property like that.It really comes down to how involved you want to be and your long-term goals.

PLEASE GET A PM. 

.), 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.

Worked out nicely for all involved. 

It is a nice safe long-term spot if you're approaching it with a more long-term traditional real estate mindset.  

If you get greedy and put #3 in front of #1 or #2 you can get burned like any other market. 

but house hacking is the best way to get started wherever you choose.

The Seller needs $200k now in order to get out of debt.