We had it cleaned by a cleaning crew and had the carpet professionally cleaned (same people we used right before they moved in) We withheld the cleaning fees and the unpaid water bills from the deposit which totalled to about 500 (the water bill alone was over 200).

These include loan payments (if you had them), taxes, insurance, HOA fees, utilities, etc .. that occur during the Rehab period and up until the property is fully rented.I understand your reasoning for the 60% LTV to gain better cash flow. 

Luckily, they believed us as she never complained about repairs, but nonetheless it ended up costing me $15k in repairs, attorney fees and lost income.

Certainly there are transaction fees...

I have a triplex in the northeast and need a system installed and monitoring, so far have a quote of $3,900 and $5,000.

we have a "waterfall" provision in our leases that says payments are applied in a specific order 1) utilities 2) late fees 3) rent. 

I believe this will save me time and hopefully save other investors money without having to pay extraordinary fees to middle people. 

I believe this will save me time and hopefully save other investors money without having to pay extraordinary fees to middle people.

I believe this will save me time and hopefully save other investors money without having to pay extraordinary fees to middle people.

In order to install a backflow, it was further discovered that a structural beam has dry rot (likely due to long-term leaking from interior pipes), and this would first have to be replaced.4.