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Have them send you the invoice from the locksmith, then call the locksmith and see what the full story is.

Yes they sometimes get on the furniture, but we let the owners know that one of the ottoman's in the living room as a full compliment of furniture covers for all the couches and chairs.

I started leasing to her about 9 years ago and the rent rate is way underpriced based on the market.

I am going to install quickset locks and they are all metered separately but looking for functional tips during the rehab process that might make our lives easier in the future and management tips.

Quote from @John Federic: I ran some numbers for you using the Cashflow Analyzer Pro from AssetAFC.com (see the attached picture).From my perspective, this deal still looks acceptable, even though it won’t cash flow in the first year, assuming a 5% vacancy and 5% for repairs.

How familiar are you with the area?

This is counter-intuitive to my goal - slow and steady save to purchase our first investment property (with more to follow). 

Please let me know if you guys think I should refinance with this quote from a lender or wait until the prepayment penalty is gone. 

I am in the DFW area.