That would be a great place to start.

@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.

I would just make sure to call the city and let them know your plans in full detail to make sure that you can do it.  

It depends on various aspects like how involved you want to be, how much time do you have, do you want to do renovations and select tenants yourself or are you happy to turn all of this over to a company that does all of this for their livelihood and just grow a portfolio with them? 

If you can get to 20%, you start to see small interest rate reductions. 

Neighborhood Scout is not going to cover any shortfall you have if it doesn't materialize.you could try finding a bank or broker that will do 80% out on a refi, although probably not possible to close by the end of this month. 

Debt to Income Ratio will be used for more conventional types of financing (Fannie/Freddie).

Definitely look into local meetups, REI groups, and BP networking events to connect with like-minded investors.

You just trusted, but didn't verify.This is an excellent thread to remind folks to do your own damn diligence.

The Birmingham market is down 25-30% in the last 6 months?