However, we are setup with the utility so that it automatically reverts to us when tenant terminates.  

I strategically focus on Section 8. 80% of the rent comes in automatically, I have no issues finding tenants, and once they are in a home almost never move.

.), collecting applications, screening tenants, collecting rent (free for tenants for EFT but there is a charge to tenant for debit/credit), automatically tracking and assessing late fees, and tenant/landlord maintenance portal.

Since when does buying an $800k property automatically translate to a $2 mil rehab?

As of 2019, most banks will allow the use of your 401k to check that box.Here's a checklist from fanniemae.com for some of the other stuff you mention, like FICO scores, ignore the "manual" column and focus on "DU": https://www.fanniemae.com/content/tool/multiple-financed-properties-checklist.pdfPragmatically, the FICO score thing typically isn't a big deal... if you have 6 mortgages that you're paying on time, and don't have a bunch of maxed out credit cards, you will typically automatically have the 720 FICO score.That's all just guideline stuff, so far.

Over 7 people they automatically get charged an extra 10 or 20 per person per day.

Be sure to get an agent and closing company with HUD experience as they have deadlines that are not flexible-The lowest bid that will be automatically accepted is 88% net to HUD-Once the property enters the Extended period, bids are opened daily M-F and your agent will know if the bid is accepted by mid-morning the next day

Being able to schedule a showing for a go-and-show (available to show whenever with automatic agent confirmation) 15 minutes before you want to see the property is a blessing.

If the landlord does not give such notice then the tenant can move out at the end of a lease without notice.Solution, require 55 or 45 day noticeHere's the law:504B.145 RESTRICTION ON AUTOMATIC RENEWALS OF LEASES.Notwithstanding the provisions of any residential lease, in order to enforce any automatic renewal clause of a lease of an original term of two months or more which states, in effect, that the term shall be deemed renewed for a specified additional period of time of two months or more unless the tenant gives notice to the landlord of an intention to quit the premises at the expiration of the term due to expire, the landlord must give notice to the tenant as provided in this section.

Loss of demand has does not automatically make supply go up.