.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.

I think this site may be geared a bit more toward the avid investor, rather that the weekend warrior type of investors with regular, RE carriersOn the other hand, for myself, watching the RE market is enjoyable for me.I have always attended open houses just to be nosey or nerdy, whichever you prefer. 

But a lot of bank employees, real estate agents and regular people don't know it or they just don't believe it.

- If the Association Fees are regularly increasing or the Association is poorly funded - SELL.3) How much of your TIME do you want to invest in all this?

Did you lie to the mortgage co and produce a “bogus” lease in order to obtain financing?  

@Holly Thorsen see above for potential challenges tapping your equity in the rental.You only need 5% down for a regular mortgage, 3% down for an FHA mortgage - so why don't you have the funds?

I would shoot him regular updates to keep him in the loop.

They should pay just like someone on a regular lease pays - cash or equivalent into your bank account. 

It's easier for an investor to stay committed to the plan and avoid change orders than it is a regular homeowner.

But when it comes to choosing or creating investments that will produce a return along with personal fulfillment or enjoyment, then I say it definitely matters what you invest in and where you invest.