The key is structuring the deal in a way that benefits both you and the other party—networking with experienced investors can help!

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.

I currently work with investors in the states and out of the states to build a portfolio in Turn-Key, Single-family long-term rentals.

-What key criteria should I use to evaluate tenants (e.g., credit score, income, rental history)?

Key is to go through someone who has a direct relationship, what kills many of these deals are brokers who go to a correspondent who are a wholesaler for an isntitution.

You also want to have the key if possible so you can slip the lock open... otherwise they bash down the door.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Networking and securing the right financing will be key to getting that first deal done.

I was told by a friend that his dad who runs an appliance business has "keys to every type of washer/dryer coin box".