I'm also looking in becoming a landlord but I'm worried I won't make much of a profit for the amount of work put in.

My business partner and I attended a "guru" training- which opening up my brain to a lot of great ideas- and now it's time to put in the footwork.I'm very interested in meeting up with those who have been there done that and have knowledge to share.So if you're in the Seattle area let me buy you a coffee and pick your brain :)Natalie

You owe the bank money on your ouse but they are not going to come paint it for you or decide they want to rent it out, put in a garden ahead etc.

What it was supposed to say was $150k not $200k which is the most I am willing to put in after renovations... $150k with my down payment is around $600

And as a third, I've run into a few plex in-fills, where a developer put in 4-12 buildings including several 2-4 plexes.  

He put in their geothermal systems.Our biz plan is solid but maybe that is still not enough to work with no skin in the game.  

I just bought a new property and, in talking to my landlord friends, have found that most of them don't provide any of these.Installing a dishwasher in my new property would mean:1) cutting out some of the cabinets (it's a 1951 house, so the kitchen is already small, with limited cabinet space) or2) get a portable one that the tenant could connect to the sink when neededThe washer and dryer would be easy to put in, but the hookups are also positioned where it would be easy for a tenant to get them themselves (directly by outside door) without danger of tearing up the floors.I want to be able to charge fairly high rents for the property, and preferably rent to a family (it's in a hot neighborhood and has an absolutely gorgeous and huge backyard, which is rare).

He put in the money and I put in the work.

Thanks @Mike Hartzog & @Kathleen Leary,I put in an inquiry to utilities last night about getting it temporarily turned on for a potential sale.

I'm a realtor that works exclusively with investors, and it's fairly common to put in sort of lowball offers when the property needs significant amount of work and is becoming a stale listing.