If the note holder purchased the note at a discount he can accelerate his profits and increase his ROI by offering the borrower an incentive to pay off the note early, or to make e extra payments.  

Always budget for extra for rehab.

However, they charge extra for things like the Statement of Information (SOI), which costs $75, and the BOI report, which costs $90.

Vrbo has free price automation software.I use Excel for book keeping.I don't pay for any third party software, not really needed on 1 or 2 properties.I charge a little extra for cleaning fee than actual cleaning costs.

(Inspectors are generalists, so specialists are essential for plumbing and electrical issues in older homes.)Structural Concerns: If potential structural damage is spotted, hire an engineer to assess it properly.Be Diligent and Proactive: Old homes often require extra due diligence.

Even if they can rent your place for $250/nt all-in, can they afford the extra $2 grand+ to get there and back?

Don’t be afraid to reach out and offer value, even if it means going the extra mile in the beginning.

I also have worked extra hard now to verify any lender I sent client information to.    

Try it in about 5-10% of the spots charging an extra $25-$50/mo (Assuming tenant pays for electricity at that plug.)and see if you get any bites.

Removing a wall could add value to the home in theory, but for some rental areas, having extra rooms helps.