Youngstown also has a ton of blight, crime and a very low appreciation potential.

My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.

I got a ton of good info and great idea with starting separate posts for different topics. 

Before a walkthrough and before signing a contract is it appropriate to ask the seller of a small multi family for:1.Rent Roll2.Property Tax Bills3.Utility Bills (last 12 months) (landlord pays all utilities)4.Income & Expense Statements (summary)5.Lease Agreements (Sample or Overview)6.Recent Maintenance Records (summary)7.Capital Improvements Summary

But that type of coaching and hand holding may take a ton of time and the number of students would be limited to the amount of time that the coach was able to provide to them.  

Utilize Off-Market DealsOff-market deals are valuable because there’s less competition and potentially better terms: Direct Mail Campaigns: Send targeted mail to owners of distressed, vacant, or inherited properties.

Would also be interested, he nearly got us for a TON of money.

The house is my mailing address, all the utilities are in my name.

At the end of the day, there are a ton of local small banks that offer competitive HELOC products.

You'll see a ton of people make money on the connection to the realtor, investor, and/or professional versus being them him/herself.