Short-sighted decision.We need the numbers break down as @Luther Wilson III said -- without that we don't know what the issue is.

I never had an significant incident (again knock on wood) at that property (which had a visible security system,  other visible security features, etc) all the newer townhouses in the area are constantly seeing package thefts and car prowls.   

Palmer Woods area? 

it is currently a 2/1 that I am going to make into a 3/2 by taking out a large wood burning fireplace, shrinking the closets and moving the laundry into the garage. 

@Thomas Wood  Can you share more about the location and the condition of the house? 

Most anyone can pick a paint color and some wood floors...I’m talking about someone who can look at an existing floor plan and completely reconfigure the space while keeping codes, traffic flow, space usage, etc in mind.

We will be doing significant cosmetic updates to each unit including tile kitchen floors, updated HVAC, updated electrical, wood-look vinyl flooring, fresh paint, and W/D hookups.

We will be doing significant cosmetic updates to each unit including tile kitchen floors, updated HVAC, updated electrical, wood-look vinyl flooring, fresh paint, and W/D hookups.

Newer stuff is just so soft and will eventually chip or ripple if its fake wood. 

I wouldn't put that much money into a LTR lock.I have never (knock on wood) got a call for a lockout.Hide a combination lock box on the property with a spare key for an emergency.