Just a couple of ideas, but if you are thinking along these lines with respect to your particular property, you can probably squeeze a few extra bucks out a  month.

Maybe if you shared some more details about your plans it would allow people to be more helpful.

Mine does not have extra fees but my commission is a little lower then the broker next door. 

I don't deal in Orange County, so I don't know the level of detail you can find online as to the progress of the foreclosure, if there is one.

"I'd rather spend $500 extra per month than save up $5k one-time and have a lowered monthly housing expense for three decades!"

Like Emily said, a number of shocking facts (or not so shocking to many landlords) have come out in the press recently on how few Americans can come up with a thousand or even four hundred dollar in an emergency....A FINRA study on The Financial Fragility of Renters was just one (with lots of stats).So no downpayment is a big one, as is credit score, and even with those who have resources, they  may want the flexibility to move or freedom from extra work or costs of maintaining and repairing the home.Even items like student loan debt or fear about the economy hold others back (still some out there who feel the sting of the housing bust).

That's one way a manager can bring in a little extra income on the side.

Let me know if you need any more details.

Something extra always seems to work its way into a rehab.Good luck!

Very true David Dachtera But not for the specific details I'll be looking for.