. , I have no creative ability whatsoever.

Thanks alot guys @Bill Gulley How much do I need to be concerned about the ability of the end buyer to get financing?

I just don;t see the benefit for the Landlord since the Landlord has to set up the utility account, pay the bills and then calculate how to charge the tenant (or read the appropriate meter) and send a bill to the tenant and pursue collection.Can anyone help me see what I am missing?

If, somehow they are deeded as a portfolio then i wouldn't have the easy ability to sell, say 5 of them, in the future if i want to.I will post more detailed numbers once i complete the property analysis spreadsheets i've dowloaded from the BP thread on the subject.Thanks,Logan

As it stands it would take a few years using the cash flow from the property + cash flow from my job which would delay my ability to save up for my next down payment on another property.

So, the chance for more family and friend time and an ability to make pretty things....Sign me up!

We rent to 90% college kids so I am realistic in their time and abilities to properly care for a pet.  

On the other hand an investors success is their ability to think autside the box!

It's definitely more cost effective than paying someone, assuming you have the skills to do it yourself and you have the ability to store furniture between rehabs.At one point, we had about 11 sets of furniture, which was good when we had a lot of projects going on. 

Since this would be a sale you need to make sure they qualify under Dodd Frank and ability to repay requirements.