We also paid a plumber to look through the pipes (they informed me that all they were looking for was standing water, and that cracks wouldn’t show up with a camera).

I don't vet my Vrbo guests, but they are a higher caliber than many of the Air crowd.My high rates screen out many undesirable.I do make sure they pay a pet fee if bringing pets.I have exterior cameras to keep track of things but have never had any issues in a very long time.

I bought a home for my 19 yr old daughter to own.the assessor showed up with a camera as I was gutting it walls windows doors everything.The assessor explained to me that the city had a program in place whereby the assessment for a home in need of extensive repair would be adjusted & a moratorium on tax increases would be good for 5 years.

I haven't had any crime impact my properties but I do have alarm systems and security cameras on the outside just in case.

Luckily, we installed security cameras around the building and had proof.

I always bring a notepad for noting repairs, a flashlight, a camera or smartphone, and of course all the paperwork I'm going to need (e.g. contracts).

(Once again, the feds have made it harder and more expensive for smaller investors)Cash to close:~$56,000(seller pays closing costs)Rental income: $1,600cash flow: $79 /monthCoC ROI: 1.71%CAP rate: 6.8%You could maybe negotiate and get these numbers a bit better, but that's about what I would expect in the 'turnkey' realmThere are much better deals (on paper) available, but you begin to tread into higher crime areas where the tenant pool is not great, and the associated costs of theft and vandalism expenses, and the expense of mitigating theft and crime (security cameras, caging in AC units, providing off street parking) are difficult to manage for a beginning OOS investor.Or they may require some rehab of some kind to make it rentable.ALL that being said, if you ever want to connect and learn more about my market, reach out!

I've combined simplisafe with a few cameras on the exterior of the property.

Not fully abandoning design, as it can be packaged in, but rather design alone just isn't worth an agent's time.To kickstart the photography aspect will take a little bit of cash as my camera is pretty out-dated and I could use some real estate specific lenses.

I put a contingency for a sewer camera inspection on every place as that $150 is worth knowing if you're going to have to replace a sewer line while you can still renegotiate or back out.