Bryan Hancock,I have contemplated this scenario.

I have been contemplating how to benefit from those leads.

Agreed, but collecting commissions is not without limitations in the distress market, which is a point worth evaluating when contemplating becoming a licensee.

That was an interesting deal that I contemplated as well.  

This also a time to contemplate getting a manager.

If the home is in good condition and you are not contemplating repairs, you still are required to notify any tenants that the property is presumed to contain lead-based paint and provide them with the EPA booklet for being "lead safe."  

Suppose now that the proposal before the City Council contemplates imposing a price ceiling on apartment rentals, but not on house rentals.

Except, I'm guessing his "Unless of course it becomes an investment home in the future" comment would be completely off your radar - otherwise, why even contemplate an SFR after so much success with multis?

So, it is important when contemplating the purchase of a specific home that you also evaluate the neighborhood to ensure that it meets the standards and has the amenities that you expect.

I am contemplating doing an elevation survey and possibly a LOMA since the flood zone starts in the middle of the street --literally about 10-15 yards from the front door.