@Jerad Gardner  I was going to say the same as Tyson, converted a primary residence into a rental property is pretty popular.   

^Loaded question.....Most popular methods are direct mail, driving for dollars, auctions, tax and foreclosures sales and networking through local rei groups.  

Good call on the money going down the drain while paying rent.Lakewood is a popular city and rental demand is very high, rents are increasing rapidly.Good luck!

Everyone seems to be looking for reliable contractors these days, so you'll be popular here. :)

IF they did, that lender would be VERY popular!

This is generally for a term of 2-10 years with 5 being the most popular. 

Some relatively simple formulas can make it almost automatic and will suit your needs.If you want to get additional features support, my personal favorite cloud based accounting platform is Xero, but also Quickbooks is extremely popular with lots of customization options.Let me know if you have any other questions.

direct mail is tricky with camden the real popular area are so small 08105 andy 08102 .. 

So - in a frothy market (multi-family/duplex/triplex rental opportunities) regardless of area - should you pay up to get a deal (over asking) or find something less popular?

You might want to be where sales are popular.