Gut & rehab all units, W/D in unit, exterior renovations, landscaping, paint, security systems, new gate & signage, lobby, storage units, repaved drivewayWhat was the outcome?

It's close to the city with commuter rail access 0.5 miles from my house and a great school system, making it one of the most sought after towns in the area (neighboring properties have sold for much higher than their asking price in recent years and we are constantly receiving mail from investors interested in buying the property).The property is in need of extensive renovations, a majority of which seem to be cosmetic (kitchen, bathrooms, flooring, etc.), meaning that there is significant potential in building equity by buying the home and doing these renovations and attaining a high ARV.I will most likely have the opportunity to purchase the place in a direct below market value. 

Furthermore.... this “extenuating circumstances” dead uncle system is an easy google search for any guest looking to break the policy.

The worst thing we can do is allow our impulses rule us and abandon all systems and protocol

We talked about what the monetary system and political system was like from where she was from.

We updated everything from the roof, HVAC system, all flooring, all paint, turned the carport into a garage, all new kitchen cabinets and countertops, bathrooms were gutted and completely overhauled.

Many people like to manage their own properties but if you want to build a solid business with systems that run on autopilot your better off outsourcing the day to day and focus on accumulating properties.

You'll probably learn a lot from their perspective on that.It's rare for that kind of vacancy to exist without some sort of systemic issue.

https://www.politico.com/news/2020/03/27/mortgage-system-collapse-coronavirus-pandemic-152338

@Sev StanI place security systems in my rentals.