We always recommend starting local when possible.

We all, thanks to you, have heard of our Portuguese friend, who gave turnkey a bad name in Indy. 

They're currently renting in Denver under only the guy's name but since the girlfriend is pregnant, they need to move to a bigger place.

    - Criminal, eviction, employment and background check- No guarantor outside of householdThanks in advance for answersGross income should be 3x rent, or whatever your locality allows, with the section 8 counted towards that income.

This shows the importance of networking locally, building your connections and your "tribe". 

Quote from @Marcus Ball: After struggling with local rehab properties in California, I switched to build-to-rent developers and chose a 1031 exchange.

So, those become the local "Command & Control" centers.

I recommend you call a local agent or broker to give you a better lay of the land so you understand the challenges/opportunities in this area.

If you're a landlord, then you'll want to educate yourself on the local laws.

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred.