Didn’t want to go the Realator route cause I don’t really have the cash to fund anything that would be requested like inspections and what not.  

What not to do?

Advice from people working across the spectrum of all the niches, telling their stories & giving tips on what to do and what not to do.

I wont have a couple years of expenses and whatnot, as it was not operated in a leased fashion... so no number history....  

But honestly, even when we go into a rougher neighborhood to walk a property we always look to wave to neighbors or what not to show we are of no harm and just trying to improve the neighborhood.

More importantly, it will tell you what NOT to spend your money and time on and how to avoid "guru"-esq showcases.Listen to a podcast too!

So now our debt to income is negative which makes purchasing the next property difficult.So here’s my dilemma… I can’t afford 20 percent down to go conventional and avoid all the owner occupancy restrictions and whatnot.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

So now our debt to income is negative which makes purchasing the next property difficult.So here’s my dilemma… I can’t afford 20 percent down to go conventional and avoid all the owner occupancy restrictions and what not.

I change the locks right after previous tenant moves out or at the time of the eviction as instructed by the Sherriff in my area.1 - completed & signed rental application2 - all supporting documents have been submitted by the prospective tenant - copies of the following-photo id, proof of income, social security cards for anyone over 18 who will be occupying the property3 - Deposit received - at least security deposit with default noticeThe documents I have prepared upon move in- balance of funds required to get keys and sign the lease- rental package revised and completed for prospective tenant & myself to review together & sign which included lease, deposit receipt, tenant behavioral policy, move out instructions, notice to all tenants -that is a form I created which advises the tenants on grass cutting , possible liens/notices/fines from the city, what not to flush or put into the sinks (feminine products, cooking oil -used or unused), pet addendum if applicable