Can we put a storage container out front so we have more storage. 

TF is very low cost, usually 2 points.

Probably not, you'd probably only consider this because you had bad credit or low income or something that prevents you from living in a safer place.I bet the turnkey provider has rents too high for the area as well...Can you make money on this type of asset...sure but not by paying 70k for it.

@Cody L.There are several thousand taxing authorities in Texas and a low  percentage participate. 

Very low risk of volitility.

In my market, people don't really care about a modern bathroom (rather low rents).I typically only touch-up bathrooms (paint, new fixtures or toilet if needed - and by needed I mean if the fixture or toilet is wasting water). 

Gives you the option of still having that low down payment and you can still do some rehab to build equity into your home. 

They have point of use options for low cost install or an in-line option, which may require a plumber to install, but they are more concealed and permanent.

The tenants have a laundry/ dryer hookup, and a small storage area in the basement.

Been working with Lima One, but their rates seem very high considering low LTV and this being an asset-based portfolio loan for a 5/1 ARM.