Checklist: Here’s a quick checklist to get you started:Get a home inspection (optional but recommended)Fix any outstanding repairs or issuesCreate or customize your lease agreement (covering pool/fireplace)Set up tenant screening processesTake detailed photos of the propertySecure proper insurance (consider rental-specific policies)Establish a move-in/move-out inspection processClarify utility responsibilities in the leaseConsider a property manager if you prefer hands-off managementDon’t worry, you're on the right track by doing your due diligence.

The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.

The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.

Figure out who your "customer" would be and set everything up to target them.

This sub-species of homosapiens is known as Hipsters. 

This is what I have done with a more extensive rehab with my GC, but wasn't sure if this is standard for smaller repair budget and dealing with a handyman / sub directly.  

Hemp is used as an insulation material, now sought after for custom homes.

If you do, I think you will see what I see from afar.Another comment above stated that you should check how much under management/ownership the sponsor has any anything sub $500k = rookie.

@Priscilla Sanpraphet I've developed land for single-family, duplexes and for small sub-divisions.

After much discussion with my regular contractor I got him to realize that if he does the project instead of subbing it out it will only cost me about $7K.