@Eli Fazzo, Almost every location is going to have some surprises that you just have to factor in when looking at investing in real estate. 

I would recommend sitting down with an attorney so they can outline what the process will be like and their rent for closing the selling and what documents they'll need from you (if any because they can draft them).if you decide to sell to a residential buyer, make sure you're confirming that they are able to finance it or that they have cash to purchase it.

Look at properties with lots of reviews and lots of available dates to rent. 

Especially if you can get to $5k in rent per month with $30k in work.

Its return is achieved due to an alternate rent model.  

I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered. 

The problem I'm finding with most companies is that four of my rentals are rented to one lady.

Quote from @Rushi Shah: Hi everyone, my partner and I are renting right now and looking to start our landlord journey.

It seems like location would be especially critical with pad-split (and similar systems), but I’d love to hear your thoughts on what to watch out for in terms of zoning, safety, or demand.Also, I’ve traditionally rented out units the regular way, so I’m curious how screening tenants works for you with the pad-split (and similar) model.

I’ve been able to calculate all my monthly operating expenses, lowest possible rent, and upgrades.