You'll want to re-screen the renters and issue them a lease w/ an appropriate rent for your region.

You should be fine to do this, but when you look for financing you will likely need to go to a local/regional bank or credit union not a big national bank.

And then it comes down to regions  some regions you can do the landlording gig. look at all these 30 somethings that have built up nice portfolios mainly in the mid west.. you can do that there when your price points are where they are at basically the cost of new cars. however that becomes much more difficult in the coast markets.. and those folks can also buy a nice home to live on for 200k  were in Silicon valley its 2 million  !! 

The other thing I gleaned from this is its highly regionalized.. areas of older stock HIGH % of rentals wholesaling was much more viable.. areas of stability and owner occ and no boarded up homes much tougher. 

Looking to connect with all investor friendly real estate agents in New York's capital region.

I see you are from barcelona... what are you seeing as average returns in your region?

One thing supporters of rent control here in Sacrament don’t seem to take into consideration is that rent control might not even work…https://www.mercurynews.com/2017/11/01/bad-news-for-tenants-bay-area-rents-are-still-rising-in-dozens-of-cites-across-the-region/https://sf.curbed.com/2017/11/3/16603900/rent-control-san-francisco-stanford-study-gentrificationQuote of the day: ““We find that six percent decrease in housing supply led to seven percent increase in rental prices.”

I opened a business checking account with my local credit union, but I don't think they're going to offer as many solutions to real estate and business lending in general as some of the other banks in the region can.So, I want to establish a relationship with another local bank now, to build on that for a while to help when I'm ready for more lending. 

The old policy was better IMO for the regions, such as Lehigh Valley, that are further from the DIG main meeting - that old policy allowed those new to DIG to get a sample of the meetings they would be more likely to regularly attend.

I am taking a job in the area in about a month and want to lay the groundwork to hit the ground running.Just a little background on my situation... my wife and I are from the region and are moving closer to family after having spent the last 6 years in the Syracuse area.