This costs about $75 per month, or, if I can get one of the tenants to allow me to set up my "Automation Hub" (I use Smartthings HUB in my setup), I will give the tenant $25 per month towards their bill.There are many ways that Smart Devices can help, not only in the case of smoke detectors.I have motion detectors which turn on and off lights, cameras that record to the Internet, leak detectors that tell me if there are problems with my basement, particularly if one of my equipment like a Hot Water Heater or Hot Water boiler is leaking, etc.In fact, I normally buy properties in transitioning neighborhoods, capturing the appreciation as the neighborhood gets better.The Internet Cameras became very important in this situation for 2 reasons:1) I kept getting sanitation tickets for dirty sidewalks.

Hopefully this sheds some light on running a BRRRR full cycle. ;) Overview: Initially I was planning to hold this duplex long term... but as many of you know it's nice to have multiple exit strategies.Deal Facts Type: DuplexBuilt: 1939Unit Mix: 2/1    900ish sqft per side2 Car garage The nitty grittyPurchase Price: $60,000Rehab Costs: $40,000All In: $100,000New Appraised Value: $170,000Market Rent: $1000/sideCash out of my Pocket: $0 (I'll get to this later) Why this deal?

Brand new to the real estate industry and any help would much appreciated.

I say tread lightly because if this show goes south you are going to kick yourself for not seeing all the signs.

My apologies @Logan Hassinger is correct I meant "light" not late

Inspector can shed light on some things a GC has no idea about. ie item needs to be fixed should your buyer be FHA etc.Hope that helps! 

Having undergone $20 million in capital improvements and renovations, the property benefits from a synergistic mix of fitness, daily-needs and service-oriented tenants including a brand-new Lidl grocery store and Planet Fitness.What made you interested in investing in this type of deal?

The property needed light cosmetic repairs.

We won't have shares and will operate the property with our brand that has shown very high occupancy rates over the past years. 

I completely redid the back yard landscaping putting in a retaining wall, irrigation and lighting.