I also picked up house in foreclosure and have 4 months to wait for redemption periods to run.It is a crazy market here, I hope that it doesn't reverse and bite me. 

I have seen around 300 deals from them over a 4 year period, walked 3-4 properties and bought 1 from them.

Apparently power has gone up about 3% a year on average over the last 15 years, with the expectation that power costs continue to go up 3% a year the payback period is closer to 8 years.

In addition, every RE that we have has appreciated over $1k/month over the holding period. 

Unless they ordered a dorm sized fridge the PM should have been firm with the tenant that this is their fridge. period.

Also like the flips for us because of the fairly quick turnarounds and then when we are done with the property we are done...decent capital over a short period of time.  

There may be extended periods of time where it feels like nothing is happening, but then suddenly you find what you are looking for and everything is okay and you wonder why you ever stressed or worried about the outcome in the first place.

Remember..... a lease can be for any period of time it doesn’t need to be for a year

I was out of grace period low or no interest straight into penalty pricing without missing 1 payment. 

If the property has been acquired as cash or hard money, I will need to wait a 12 month seasoning period before I can refinance to a conventional loan and use the after repair value.