Ask to speak with some of their current owners and current/former tenants.

As title says. I'm looking at buying turnkey (through a well known provider on BP), and would like an independent property inspector. As per the TK provider business model, property was bought cheap and rehab done (wo...

Quote from @Don Miller: I just wanted to give a little input, as my experience has not been bad. 

My owner financed deals both came from the church foyer!

@Jesse Simmons I want to tackle this from a little different perspective if you don't mind.  

This is how banks verify property owners maintain insurance.

Hi, I am the owner of DealMachine.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

You are competing against other owners who have a much lower basis and/or debt cost to cover. 

@Jeremy H Barton - I'm an investor, flipper, and property management owner.