However, the house needs significant work and for safety reasons, it is likely it will have to be vacant for 1-2 months as that happens.

Long story short, it was a pretty much a drug house, all tenants got vacated,  the city came in and issued multiple health and safety violations along with citing multiple unpermitted items in the house that needed to be fixed. 

In all our student rentals, and many of our other buildings, we have high-bandwidth connectivity into the building:  a small, but prioritized, portion is used for our monitoring, the reset is segregated into separate networks and provided "complementarily" to our tenants.

Otherwise, it's a nice, in-demand area.Some leases contain language around 'acts of third parties' which inform the tenant something to the effect of; the owner has acted in good faith to secure the property, however, it's not a guarantee of your safety from acts of third parties, and personal safety and security are tenant's responsibility, etc.  

It is like buying an insured bond where you pay for the safety in lower yield.

When am I going to get my own damned safety net?

I won't stay at a place unless I know the address beforehand, so I can assure safety and security for my family.

It also provides some safety if you get into a bind since you could just pay the interest only and/or access what is undrawn if necessary.

You will most likely be required to have your property inspected at least once a year for safety requirements.

Well last year your $100k equity position is on average $80k+/- and not looking like a great return year or even super safe at the moment..Oh and the banks themselves don't seem all that stable but that won't really matter if the money on deposit isn't worth anything. lol Sooo where do investors go for security and safety?