Budget, location, property type, beds/baths, amenities, etc all need to be confirmed.3) Save your money 4) Analyze deals with your agent5) Schedule showings for the properties that appear to have potential6) Make offers7) Close on the right investment propertyGood luck! 

Understood on the depreciation schedule.

You will have to get estimates from every one of them ,  Then pick them , then get on THEIR schedule .

I understand that you start work at 11am, but when do you schedule showings, inspections, appraisals, take calls from clients and agents during the day? 

I guess the same could happen in a hotel but what I'm getting at is things can become challenging when one party is on a vacation schedule and the other party is on the 9-5 daily grind schedule. 

@Danny Van you can also attend Oakland REIA and MREI, both held monthly in Troy.Regarding what to do, first you'll need to call the City and get their rental application to fill out, pay the fee, submit and schedule the inspection.It's mostly a health & safety inspection: smoke detectors, a CO detector near furnace, handrails, GFCI's. etc.WARNING: Warren doesn't really like landlords, so they can be picky about previous work done without permits - even if it was done before you bought the property!

Think light fixtures, plumbing valves and plumbing fixtures.That being said, I always schedule delivery for when items are roughly going to be needed.  

Happy to elaborate, please text so that we can schedule some time for a discussion. 

It keeps me on schedule with reviews of their payment history, lease compliance, in-person property inspections, rent increases, lease term updates, and more.With even a modest 3% increase per year, their rent would be $3,054 in the third year, almost $80 a month more than you currently propose.

More specifically if you own multiple investment properties and they show up on your Schedule E do you need to provide detailed information on each of the properties/including lease agreements etc?