I'll say this till I"m blue in the face...never step over a dollar to save a dime. 

Rather than hearing second hand through the owner, which he'll most likely not send me all the info either...I can tell which of my clients are REAL investors looking to maximize, because they're not going to worry about nickel and diming each repair and waste time arguing with the Jones' about overgrown bushes..... they spend their time on big decisions and big money.....

Contractors are a dime a dozen.

Outside security lights, common area hall lights, basement storage areas, etc are probably on the landlord's dime not the tenants. :)

Trash pickup is a particular concern.3) You must make more frequent visits.4) You must have clearly defined eviction policies and move on a dime to begin the eviction process.I have an article on "The most dangerous tenant" on some article sites - check it out.

He saved every dime and he also received a few thousand dollars from social security that they owed from after his father passed away.As far as rent, about $625 a month.

During that time I was finishing my degree via my company dime (part-time) at UNT in Denton, TX.

I took care of that too....on my dime. 

The Turnkey game is the same way...it will take you a lot longer to get your money out of it than it should and you will be nickle and dimed so they can still make money off of you. 

Now I rent it to a family for 1275 and have never spent a dime of my own money.