My physician uncle, an immigrant who moved to the KY 30 years ago, complains how his med interns/students are leaving KY to go to other parts of the country where there will make less money.

Those little 8-year-old shirtless criminals!

As Nathan mentioned, I would make sure you have created a rental criteria that outlines income and credit requirements as well as how you will treat those with a criminal background or eviction history.

But you need to know who's paying the bills, and therefor who's more important.If none of the internal investors bite, then they will often put it on-market.When it's on-market, it behaves very much like @Jon Minerick describes.

(3)  Rehabbing and getting into flipping (my parents were contractors and I had a painting company in Buffalo - closed it to go back to the corporate world but have the time, interest, equipment, and know-how to do most if not all of the drywall / painting work on a flip)(4)  Being an assistant or intern for a house flipper (I'll work for free - teach me and let me see the process from the inside!)

A criminal background is something any landlord worth his salt is going to be looking at .

I like to use a famous person's quote on why learn IRR:"We choose to LEARN Internal Rates of Return (IRR) and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one we intend to win, and the others, too."

Also, you don't want to rent to ANYONE, unless you get credit, criminal, and eviction checks on them. 

I used Houserie for credit and criminal background checks.

Having the brother in the house is a violation of our zoning laws, the brother also have a lengthy (IMO) criminal history.