Hey Nathanael Cotterell I heard there's a big bubble in the GTA and folks are making $200-300k on high end flips with a turn around of a matter of days to weeks.Curious as to why you're not focusing on that market while the boom lasts given your background...

We will be raising the rents and each tenant will have to go through our background checks and what not.

(primarily so they stop attempting to communicate demands that I believe are outside the signed lease)===========================================Background:  We have relocated from Northern Virginia back towards the west coast.  

Whenever dealing with Turn Key properties, absolute due diligence is a must: check out the company through the State, BBB, and references; background check the people you are dealing with; get copies of tenant documentation; perform your own tenant qualification; order a house inspection; get an insurance quote; review area crime reports; speak with area businesses and Chamber of Commerce; review local school district; if you can visit and drive the area, etc.  

To give you a little background on myself, I am a CPA and currently work for a hedge fund here in Dallas. 

In order to reach this goal i need to gain the required capital to do so and my plan for doing this was to wholesale properties in my area (Delaware) and the greater Philadelphia area as well as using my carpentry background from High school to flip properties.

A little background on the area: it is in a smaller East Texas town that has a great school district that attracts a lot of families.

Hi Anthony, I am a Realtor in the Antelope valley with experience working with investors and I have a background in Rentals particularly in the local area.  

Have you done a background check to see their history of rent payments or credit history?

I apologize in advance for the length of the post below...A little background on me; I have a little (mostly negative) experience as a landlord after we, my wife and I, moved out of our first home in late 2010 and looked to renting because, shocker, we were underwater.