I do not like this program because... we still have the administrative task of following up to make sure the tenant does in fact put utilities in their name and sometimes the forget! 

-Ability to read and understand most contracts and financial documentsWhat I need:-Money to fund deals likely 400k-1.2 million for first acquisition-Multifamily Experience for the loan and to make raising the money easier (probable possible without, but much better with)-Net worth and Liquidity requirements to qualify for the loan-Experience in turning around a value add in 12-18 months successfully -Experience in Underwriting deals and due diligence-People who are very good at organizing and systematizing-People who excel at operations and administration-People who have a great understanding of construction and contractors (Boots on the ground is a huge plus)All honest feedback is greatly appreciated.Thank you!

I do the pre-employment drug screens and that's how I find tenants.There is another guy in town that rents houses to college students that are in the lineman program. 

They will be screened like everyone else;Once approved, they must pay a $50 administrative fee to cover our staff time;Tenant must review the lease and all addendums, agree to them, and sign them.Pretty simple but you should use this opportunity to develop a process and put it in writing so you're prepared for the next time.

I called this neighbor and she described to me the drug deals going on and the loud music in the cars that pull up to the house at all hours.

That would be theft.You will be much better off finding an attorney or advisory firm that can integrate the LLC with the overall IRA setup & administrative services and meaningful consultations related to maintaining compliance with IRS rules. 

I wonder what the crime and drug rates are like there.

The biggest problem from a general overview is that drugs are bad in certain areas of Dayton, the I75 & I70 corridor is a huge for transporting them.

Student housing, parolee housing, senior living facilities, drug rehab related, military housing.......

I'm surprised your local housing administrator allows a month to month lease.