Doesn't necessarily have to be US could be an international coastal town as well.  

Purchase price: $85,000 Cash invested: $15,000 Sale price: $149,900 Second Flip: I had just moved to Walla Walla, WA interning for a tech company.

Welcome to BP @Jon Åge Stakvik Good to have another membe  here from the international community.

I do this for all my international clients. 

Hi Mack,www.rehabvaluator.com is a great tool to practice on and will allow you to analyze the numbers internally so you will be able to make sense of it. 

A few years ago I graduated from San Diego State with a bachelor degree in Criminal Justice and also got my master's degree in Homeland Security.

Avoid anyone with sex charges or with anything violent in their criminal records....no matter how long ago they assaulted someone or with drug charges. 

My current tenants which were inherited when I bought the property are moving next month..So now the real challenge of being a first time landlord is approaching, and my biggest concerns with screening are:Evictions and Criminal Background - How do you check for this?

I wrote a blog post that attempts to illustrate this, but I don't think I'm allowed to put internal links to it in discussion comments like this on BP. 

@Trevor Finton the one thing I did not add  in relation to the Series LLC is to really know your states LLC Internal Liability Shields and judgment orders, and then how those relate to the individual child series of the Series LLC.