The utilities are something that maybe able to be sub-metered as well; but something to look at to increase your potential income for the property.

Those who focus on their product find lots of customers wanting it.

They did recommend a few alternatives that provide similar services, including: Renttrack.comClearnow.comPayyourrent.comRentpayment.comOther alternatives are discussed here.I have been using Williampaid for more than 1 year and have been a happy customer.

How laws, regulations and rules are interpreted will be whats normal or custom in that jurisdiction. 

If they are sub-par tenants place your offer accordingly.4.

Cap rates have compressed a lot, and we are seeing sub 4 & 5 caps depending on the area and property type around the country.  

Once you have these, you can hire a General Contractor and he can acquire bids from sub-contractors and put together working numbers for you, then you can see if it is profitable.

Also I would ask the lenders here on BP, have you been able to get loans for customers/clients who had foreclosures from the crash? 

@Andrew CordleOne huge issue for me is the home is a split level with the lower level under ground, this makes me nervous as for potential future leak issues.Obviously the home looks great but for a rental home it seems over renovated meaning with the granite and custom tile in the showers, seems more like retail quality but hey, for an end investor if that's what they are providing then better for end investor.

A colleague of mine has a deal he is trying to structure but has no idea which or how to structure it. Scenario:Property worth $170kExisting mortgage $130kRepairs about $2000 to updateForeclosure "in lieu of"Buyer wil...