Quick note since you're doing real estate related software: Go make some decent mortgage origination software (not marketing software, not a cell phone app -- origination software).

You have to find out the costs associated with evicting a tenant in your area (lawyer fees, court fees, etc.).  

Do the realtors take a fee for the contract? 

Although I had originally purchased as a buy and hold, I made a few repairs and got a call from a local investor interested in making a deal.

Originally posted by @Sam Shueh:Looking at ROI.

The fees make me cringe a little but as far as I can tell this a step in the right direction.

Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.

Originally posted by @Aaron R.

Originally posted by @Keeva Harris:Interested in how to rehab properties and buy and hold for rental income and also to assist other sellers who need an interior decorator to organize, stage and prepare pictures for their open house. 

I do not want to assess any late fees, yet at the same time do not want this to become an issue going forward.