The thing that pops immediately into my head, and will be what you likely run into the most, is that it will sound like you're renting to essentially AirBnB their place.Why would they let you do that, and how would the lease be structured in a non-onerous way where the owner lets you select the sub-leaser w/o direct involvement from themselves?

I have got the bid on the property with the repairs required, but wanted to check in this forums on how to select the contractor based on the bids, Is it purely based on Price , or ReferralsThis would be the first time i would be working with them @Kyle Gray Thank you for the extensive reply , how do i get involved in the selection of items as the contractor is going to do the selection for us on whats required based on the bid submitted, Please let me know how i can get involved in the selectionThank you @J Scott@James Wise  i will check with some GCsThank you all 

How do you guys go about selecting the bank to start forming a relationship with.  

If you have other applicants wanting to rent, and they are either better, or just as good, you may choose to select them over the person with the dog. 

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

It is a retail store that will rent VHS & DVDs by the day and you can shop around the store for a decent selection :) :) 

How are you planning to use current cap rate knowledge to select a market?

Once you have a solid lead list, I'd recommend selecting mailers that stand out from your competition.  

Just like what you select to do and have knowledge on the market selected.  

@Suresh Rajan Hi Suresh -  did you select a property management company in Alpharetta?