Another reason to never, never buy a rental in a state that is tenant friendly.I imagine that the Govt will provide housing vouchers for these illegals (similar to Section 8) But if/when they do not pay their portion of the rent, or more likely act up and violate the lease (having zero concept of US code and law, they will be near impossible to remove from your units.....

It doesn't look like anyone said Jacksonville is really competitive, although I would imagine there's a decent amount of activity there as well.

Dont suppose I'll get it...again, i've never done a real estate deal other than purchasing my house over a decade ago. without experience there's just so much i dont know.networking is a sore spot, i'm just not a people person. thats one reason i look at real estate. since i plan to have any properties managed, i wont have to deal with a lot of people. i imagine you'll scold me for this but whatever. i'm never going to be a people person and thats set in stone. it's something i have to work around not overcome.It seems I always get to the same point with real estate where I take the safe and easy route and leave my $ invested in the stock market. the thing that appeals to me about re, and i'm more focusing on rentals, non b&b, is steady income with an appreciating underlying asset. whereas the market is up and down. i can get totally safe 5% from short term bonds, but i know my principle is withering away from inflation (i dont believe the gubt bogus 3% cpi). with a rental house i could get 5% rental income, and the house will appreciate ~5% a year. that's a huge difference. the other thing i'm somewhat interested in is flips, but same story there, i just dont have the knowledge, and all the reading this forum or watching yt's in the world only gets to the surface as it's all airy generalities.

(with there being 10 change of hands between 2000 and 2009, I can't imagine that every title examiner screwed up.) 

Imagine 20 years from now.Renting a personal place will force you to take better care of it than perhaps you would if it were solely for personal use. 

I can't imagine a tenant for that property using it as a bedroom.

Aside from your local or state laws I would imagine 30 or 60 days notice is sufficient.

With standard construction you can do anything and everything you could imagine.

Now you can imagine how this goes from here on out, but using similar numbers to the unit you have.  

In the Denver market, we have the luxury of requiring a 700 minimum score, but I imagine you could get a 700+ credit applicant with a few improvements.