It sounds like your formula would definitely eliminate any or most risk from the equation.

Is there any way to eliminate them from this event?

The MLS can be a very powerful tool; by simple elimination you can zero in on the exact subject property.

It sounds like you're paying cash, so you've eliminated one of the normal sources of delays -- your lender.

Most families receiving this type of assistance stay in the rental for an average of nine years, plus the government sends you a check on the first of every month for full market value rent.† Check your local housing and development authority for opportunities in your area.† Many cities are offering incentives to investors interested in certain neighborhoods so check with your city planner, neighborhood associations, and government agencies in your area to find out what may be available to you.† As with any purchase these days make sure you buy the property at a low enough price that a temporary rent reduction will not eliminate your cash flow.Offer the property for rent for $500 a month more than you actually need and advertise that discounted rent available to qualified renters.† In this case you offer to reduce the rent $500 a month if they agree to take care of any problems with repair costs of $500 or less.

You eliminate 99% of tenant hassles up front when you properly screen them.

This is a great thing for investors because it eliminates the need for you to make your way through the hurdles of court approval which can delay the process a lot.As for finding the real estate Arnold is correct.

Eliminate a lot of misunderstandings, and save yourself a lot of time.

Then, you would look at what's coming in, eliminate the bad deals and start calling people back.

Is is very easy to reduce or eliminate expesnses as well as risk when renting out a property.As investors we should always be looking into ways to eliminate risk as well as expenses.The first is to find a great not a good attorney a great one to handle evictions.When renting out cover your risks up front with huge deposits.don't rent to anyone your not 100 percent sure will care for the home and at the first sign of nonpayment of rent or not caring for the property give notice follow the rules and evict.If you give an inch to renters they will take a mile.You must not tolerate anything from your renters they are like small childern or puppies, always testing to see what they can get away with.If you let your puppy pee on the rug without punishment then it will get worse every time he gets away with it.If your renter is late serve a three day pay or quit immediately do not delay a minute......show them your serious about following the law and that you know what your doing.