Step Two:Drive around and take note of (and photos of) any and all vacant/distressed/abandoned houses.

Even if it's nominal, or even if you get no additional rent, working on the place while occupied is cheaper than having it sit vacant while you do that work.

Then I would review the rental value of the area, review the photos of conditions to see how close you are matching the market then determine a possible income rate to compare the values if the numbers work. 

You should have him fill out an information sheet and get a photo of his license either way.  

I get photos, many, before I make an offer.

I rate this property as a C/C-.The home is very old (Pre-1900) and the photos suggest a property that may be sound mechanically but certainly not finished well or pleasant inside.

I hire a pro to take photos of every listing.

Personal stuff - I love spending as much time as possible with my 5 yr old daughter and the rest of my family, I love fitness (generally work out at least 5x a week), and I've recently developed (better late than never) a passion for real estate investing as a means of 'getting out of the rat race' as well as acquiring knowledge in general in order to better myself and share that knowledge to help others.I haven't uploaded my Pro video yet, but I plan to as soon as I get a moment so my BP peers can get a better feel (beyond the photo) for who I am. 

I keep trying to upload a photo but its not working lol Thanks again everyone!

Take photos of the issues.then you find the owners on the county assessor site, and send them a personal letter and pic of the property saying you drove past and noticed this house, that you were not sure if anyone was living there but you were interested in buying the property. while you are sending out these letters you should try and find any of the following:private money, hard money, flipping partners, landlords, cash buyers, etcyou can find these people on BP, or go to a title company and ask who has been buying in that area for cash over the last couple years, you could ask your family members, etc.Now when you get calls back from the homes you drove by, you already have the exit strategies. anyway, that was a condensed version of driving for dollars so if you have any questions about that, feel free to reach out to me or anyone else here on BPAdam Adams