As I started to attend more seminars and classes specific to real estate, a flame was ignited inside me that couldn't be extinguished, it was like unlocking Pandora's box.

Your return on equity is pretty terrible so I would advise you unlock some of the capital, either by selling or taking out a HELOC.I always like the idea of keeping a property and getting a HELOC because you get to reap the rewards of equity without sacrificing your cashflow or the long term benefits of holding property.

I have in my leases that there is a $100 unlock fee for coming out to unlock the door if a tenant locks themselves out.  

If one gets scratched, use a hair dryer to unlock it and replace.

Most success stories here are from people who buy properties that need some work, unlocking value.

This was pushing past the $20k I had planned on.One of my investor friends showed up and I took him out the property to get his feedback (by then the door had been unlocked).  

That is true, but arguably why would they kick in my door if yours is unlocked.

In exchange I get the chance to unlock the value in the below market rents and use it to help raise the down payment for traditional financing, while only putting down the Option Price.Is a deal like this legal?

You may only need your agent for the actual transaction process....or you might be someone who needs advice throughout the flip on what finishes to use, having questions on how to unlock maximum value etc.  

It happened on the one night; I left the doors unlocked.