It's the small, locally operated banks and credit unions that have the ability to make decisions in-house, they don't have to conform to a set of standards written by someone at a corporate office. 

Spend a load of time on cregslist looking for similar properties in like locations, that are all rehabbed and see what they rent for... $50 a month would cover the cost of carpet and paint rather quickly. 

Spell out in detail within the operating agreement of the LLC what happens when this happens, or when that happens.

You're definitely in the right place: There are loads of landlords on BP,  from Atlanta locals (like us) to folks from all across the globe!

Sometimes a motor on its way out will draw more current than usual and accelerate this process, but usually you can tell this, because the drum will be slower than usual, or it will refuse to start up with a big load of clothes.I haven't been inside a new enough dryer to know whether this relay is a separate part with wires to it, or is soldered on to the control board. 

Once you understand how your SD market operates as I do in my SJ market, you will likely not going to invest elsewhere. 

With a tight market and loads of new investors bidding up properties, it's hard to find deals in DFW that generate huge rental income.

you all have been very helpful been reading all night and this morning on  loads of stuff!

You don't NEED a real estate license to invest, but you do Need a good education, however, having a license IS a better way to operate in real estate and I highly suggest getting one especially in the beginning. :)

If you are loaded with capital then buy them.I'm holding off on buying  a primary residence until I hit +60 doors.