Focus on location: Look for properties near colleges or hospitals—they tend to bring consistent, reliable renters. 2.

Which is better way to legally structure the properties for protecting assets against tenant lawsuits.

However, there isn't a standard form like a NAR lease agreement; it just needs to provide some general information.

@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If the property manager uses a payment app integrated with the property management software to collect rent for the landlord, this is not gross income for the property manager.

The latest red flag is his belief he purchased a "fully renovated" property in Philadelphia for $115K.

They have no 2-factor authentication and don't email you to confirm that you want to update your login, both of which I'd consider industry standard these days.

I could say a particular town or area, but if there aren't any, many properties for sale that doesn't help. 

@Tomoko HaleWith STRs its not just purchasing the property. 

Quote from @Mitchell Coles: In Ohio, property liens are typically recorded at the county level, making the County Recorder's Office a valuable resource for property research.