appliances need to written in which it appears they were.AC was affixed to the house so it would not need to be written in. Taking

What precautions  should I take in taking up a task like this?

But this is driven more by each market.When I get interest, I mention the following:- No evictions on background- No major criminal record- 3x rent in TAKE HOME pay, and this must be verified through paystubs- Tenant must drive the area PRIOR to me showing the property (not needed if I do an open house)- $50 application fee, will be applied to first month's rent if lease signedFinally, if they are alright with all of that, and we start to setup a showing, I let them know I will call and text them between 1-2 hours before showing.  

I had them complete a new lease with me and all of the associated intake documents just as if it was a brand new relationship.Property inspection reports along with corresponding photosI did a new one in conjunction with the new leaseMaintenance records for the last 6 to 12 monthsYou should already have this.

The seller contacted me and I presented this deal to the investors I work with ( IM a real estate agent) My investors had on going projects and weren't interested in taking on something new.

I am a big believer in take what the market gives you.

Your right Robert - I am not interested in taking over the headache.

Dont be shy in taking your cut of the deal.

@Jordan Petty find a property that you can do both in. Take

Well I believe in taking loan and increasing your leverage and buying 5x and of course you got to pay that off overtime but think of this if you have $100k cash and buy a house and rent it out for $1000/ month that $12000 a year and on their hand using the leverage down payment of 20% and buying 5 houses and renting it at $1000/ month each that is $60000 a year revenue and after paying your mortgage you will still have $30000 as compared to $12000.