We have been monitoring auction websites and this is where our first deal came from.  

Start to incorporate these great tips and monitor the results.

You buy the room(s), put it in a management company and monitors the performance of the organisation.

@Samantha Klein we plan to put them on our own m2m leases for now and monitor them like you suggested.

And of course, the building isn't wired for separate meters.So in my head there are only two obvious conclusions: guess how much electricity they will use and set rent accordingly -or - meter or monitor their use somehow and charge them separately for the electricity.There are a few circuit monitoring product's on the market for around $600 that seem feasible, has anyone used something like this?

The posts on the forums need to be monitored so that they comply with the rules set out in the terms of use.

Either way, I highly recommend that you ask for landlord AND tenant references from any PM company and monitor closely until you are comfortable.

I closely monitor multifamily recently sold and yes most of them were sold off market.

Inspections, Permits, Survey, Monitoring Services, geotechnical, insurance, environmental, violations, taxes, accounting, legal, office & misc, construction loan fees, acquisition fees, and so on.Your development fee is too heavy.

Until a property closes with someone else we'll continue to monitor the property and reach out to the owner.