If you go the LTR rental route, I would recommend having a professional company do a tenant screening process.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

.), or the potential for sqft to be efficiently added during the rehab (screened porch, carport, concrete patio area, etc.).

I am now in a hurry to get all my marketing plans/tenant screening info up and ready so we can get tenants in ASAP.

For example, Wheelhouse pricing only works with Jurny, as does Turno, Autohost.Ai for screening, etc.

As landlords, this could also be a threat since tenants could have a wall of debt hidden from any financial screening we do during the application process. 

Talk to enough homeowners and you'll soon find someone willing to sell at a wholesale price, especially if the owner lives out of state.Driving for Dollars: The last method is to simply drive around and look for homes in disrepair... things like uncut grass, broken down cars in the driveway, or properties that could really use a fresh coat of paint.

With that comes knowledge of the law, experience, skilled screening and selection, established policies and procedures that prevent problems or nip them in the bud, professional marketing, and so much more.

Why - servicing transfers can be lengthy and if you have a borrower paying to one servicer - if it ain’t broken don’t fix it.2.