@Brady Jones We signed an agreement with the company that puts in the equipment and does all of the monitoring/ repair of their equipment so they have the password/user agreement with the residents.

If so- do you include the monitoring in your rent, or just let the tenant set it up if they want it?

If you are getting calls, showings and applications you are in the correct range.This is for sales not rentals but its a tried and true way to gauge pricing by monitoring interest.So the short answer is I suspect you are overpriced. 

Even those that claim they have experience in real estate, you still have to train them and monitor closely at first.

I can certainly understand that  but in a multi-unit with 2-3 units it's just not practical to have someone monitoring the lot all day long.

Side notes property is unique as it has 4 sep water meters tenant pays although I will have to monitor knowing that it is lienable, also township is uniqiue as it charges each individual resident for trash removal.

More things to deal with such as the fire alarm monitoring and certifications, more trash, and more personalities to clash. 

From what I hear I just think the streamlined 203k is quicker paperwork wise, and doesn't have as much monitoring by the lender during the construction process. 

Plenty of us who monitor and post to BP. 

The property is between monitor and division.