Find out what are standard features and what are up-grades.

What is the standard percentage they pay?

I can confirm what Dawn says, nothing specific about late fees in the WI code.Related: In order to deduct unpaid late fees from the security deposit, you must specify that you may do so in the "Non-standard rental provisions", otherwise it will be an illegal sec. deposit deduction.

You may find you get a little lower quality tenant, but the extra income is great.

Expect about $100-200 per linear foot for cabinets (depending on quality) and about $30-40/sf for granite.

That being said, I don't actually have a "real job" by most standards.

You an also find yourself some quality wholesalers in your area that find them for you.

Outwardly I didn't see any major issues, but I thought if a house is 203K or cash only, normally there is something fairly major wrong with it to where it won't qualify for a standard mortgage.I asked the agent about it, and he just said something generic about the 203K loan helping to pay for repairs, and that in this case he thought it was just for replacing the carpet.

Find a foreclosure, look at the company that secures them ask the workers that do to give you a heads up on anything that looks meets your standards.

A standard 18-24" overhand won't cut it.