I’m based in the NY/NJ area, and I’m exploring a few different options:1.Bank Loan – I know banks usually require steady income to approve a mortgage, but would a large down payment (maybe 20-30%) and good credit be enough to get approved?

This is a local credit union, this would only be an option for an investor that both owns the properties near Austin, Texas, and that personally lives in the area as well.

It gives you great info and pulls their credit score for you, their work history for you, and sends you a completed application.

You can start to learn the business, build a resume, and build credit.

In this case, speed is your friend.If you can, pay for repairs out of pocket (or on a credit card or with a loan) do so and then submit the actual bills to the insurance.

We did receive deposits at closing as a credit.

Ask for details on how they vet tenants, including credit checks, background checks, and rental history verification.References and Reviews:Don’t just take their word for it.

Verifying last 2 years of rental history very important!

At this location we will move 20 of the 115 to autopay, the rest are already on autopay (debit/credit card/bank echeck).  20 doesn't sound like much but times 5 other locations this will reduce our workload. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?