my clients have done it. depending who is on the deed. plus, you can rent by the bedroom. highly recommend. 

The only things I change are that I require a copy of their housing voucher (which tells me which agency they're with, how many bedrooms they're qualified for and if their voucher is still active) and I require only 1 months rent in income instead of 3.The rest is the same - I call every landlord they've had for the last 5 years, I check their background, credit, etc. 

A hot water heater might have a 6 or 12 year warranty, but you can expect it to last double the warranty.

Note: I want to win the race too.Well Karolina-- These are big money deals, big money can be a double edged sword so be careful!

I have a 2 bedroom 1 bath in highly sought after Judson Mill area of downtown Greenville, but haven't decided what I'm doing with it yet as I have several other projects going on right now.Most of my rental portfolio has been acquired from tax lien sales.

Can I update my cash flow estimates with my recent experience buying a triplex and find a local investor to double check them.3.

Thank you Ned, that is exactly right, we actually check a condo/townhouse about 2 weeks ago, the thing was a condo with a basement, I cannot tell if it was a condo or townhome, anyway, the ceiling in the first floor was bowing, the 2nd floor, one of the bedroom was sinking, could not tell how this damage was done but the walls came apart from the floor, you could see the roof of the unit bowing inwards towards the structure a bit, and their "general contractor" estimate that for 5k they could straighten the property and level everything, even 1 window and 1 door looked so uneven that you would think  there was something wrong with your eyes...5k for structural damage, good luck with that one, we ran as far as we could from that....but we have seen they do inflate their ARV, since we learned the hard way , we go through these deals with a magnifying glass, I knew I was not so picky, numbers do not lie.Another thing that caught my attention, which I do not know if I am overly suspicious now that I am older, but they want to get the closing for us at the same time/day they are getting the property from whoever they buying it, which it seems to me they try to save on the closing by having a "dual" closing when in reality is just 1 closing and we are the one paying for it...I do not know there are few things that do not click right with this folks.

Rents appreciate about 5-10% annually and property prices double about every 8-12 years.

They want to “instantly” double or triple their money in cyber currency.  

That is going to be a single family or a double.