I probably have a lease saved electronically.

A glut of new apartments washing over the city has quickly turned the tables as vacancy rates hit their highest levels since the recession, led by downtown Seattle, where one-fourth of all apartments are now sitting empty.Landlords who are increasingly hard-pressed to fill their open apartments are offering deals like a free month’s rent, lucrative gift cards and even free electronics."

The deep-dive content one can gain from reading long-form books is unique, whether those books are in physical, or electronic format.  

As far as documentation, I recommend keeping electronic copies of at least all closing statements, loan docs/statements, and bank & credit card statements.

I suppose an email with an electronic signature might be as good, just not certain.Anyone have experience (good or bad) with this?

____________________I just used BrokerDirectMLS to sell my rental property.Their fee was $95.. plus $100 to put your property in the MLS.. plus $100 to rent the electronic lockbox.Keep in mind.. you have to do everything yourself. 

But be sure not to be too cheap on furnishings, bedding, electronics, etc... obviously be smart, but putting the cheapest stuff, or bare minimum will not get you contracts like a vacation rental would. 

We've been using Cozy.co for a couple of years now and love it for electronically collecting rent and for "showing" a property online, getting applications, doing credit and background checks.   

While initial cost may be a little higher, the money and time can save in the long run is well worth it to me plus the piece of mind I have knowing my tenants are safe and I have someone watching over my property electronically when I am not there.  

So you could start out that way and then maybe not need one.Or you could short sale it, etc.Rehab would be the last ditch effort I would ever consider.Location, condition, etc are all known before you ever buy, so it not like you HAVE to buy it or will get stuck with it.Do your DD, REAL DD, not this electronic nonsense and youll probably be okAnd on $5k, a 15% return is only $750...