Also, flipping can be seen more as a full time job, so you might want to figure out how you can turn the fruits of the flip into holds that gradually create free time.A good plan violently executed now is better than a perfect plan executed next week.

Is there a lot of property crime/violent crime?

I saw a lot of great properties (by great I mean destroyed) on the west area of Newark, but as far from what I've read, it's probably one of the most violent areas of Newark.

Most wholesaler are emailing me as well with the same properties located on the most violent south ward blocks which could be difficult to keep tenants with the high risk cap rates.

Often times, violent felons can buy a home easier than they can find a home to rent.

Do they only check for violent/sexual crime and threats to other tenant, or is a marijuana felony usually enough to keep a tenant from renting a place to live?

If I decide to purchase, I will likely use a HML for 70% LTV and a private lender to "gift" me 15% of the funds and the seller carries the rest.Ultimately, my goal is to generate capital to participate as a "silent partner" on syndicated apartment building deals.My plan is to find a portfolio lender who will lend against the value of the portfolio (~$1.5m).I'm probably biting off more than I can chew, but "a plan violently executed now is better than a perfect plan next week".What do you think? 

So, with this example, some are not accepting of any prior felonies, some will accept for one non-violent felony, etc.  

Even though they are existing tenants, you want to screen them and ensure you don't have a violent felon, drug dealer, sex offender, or other danger to your property or other tenants.3.

https://www.courant.com/community/hartford/hc-news-hartford-housing-code-20190531-hcke2jo2x5fpdgz75xf4hlv2ki-story.htmlThe gist of it is that you would have to list a residential address for every member of an LLC owning multifamily housing, and pay a licensing fee for multifamilies of 3 or more units, and have regular property inspections for all multi-unit housing (as opposed to only Section 8 housing).There have been several times when I have had to evict people for violent, criminal behavior,sometimes accompanied by mental illness.