You should be patient and verify the data you compile with the picture on the ground with the story you hear from the people you will work with.Feel free to ask deeper questions on here.

This was a very qualified tenant with great references and verified previous landlords.   

Checking in from vacationing in Spain: verifying @Omar Khan threw me the trip after one-year's membership in his exclusive diamond jubilee club.

If you do not have the complete list of expenses for a particular property I would suggest using the 50% rule for your initial analysis until you ca verify actual costs. 

I would think that the contract would only allow a few days to verify title, inspection, financing, etc?

Lots of time spent showing properties for rent, processing applications- running credit checks and verifying employment, We are not on call 24/7, but if ther is an emergency, the tenants have a number to call which is our local plumbing and water remediation Company. 

Lending home Is cool u just give them your vesting's and they pull public records nationwide to verify you actually bought and owned it in that entity.. very easy really.. and I always suggest folks .

Would love to get some feedback on these numbers.FACTSFully occupied 3-unit MFH: 3 x 1br 1baAsking price $149kGross rent (not verified, based on the median rent in the area according to Rentometer): $2400/monthTenants pay all utilitiesAnnual taxes: $3,578.26; no unknown unpaid taxes nor liensNo HoA feesAnnual insurance (guestimate): $8002% rule: 1.66%50% rule: $646/month Calculations made with the current asking price, no rehab costs, $5k closing cost.

Have you verified to make sure you are not being scammed out of your money

As long as you gave yourself that option then just take the time to verify the numbers, if you have a relationship with any other local investors or contractors ask them to come walk the property with you and get some input.