@Brionne MossI don't want to put too much weight into the metrics until we have sent out multiple touches, but our response rate is currently around 1%.

Try to figure out what motivates them; long term tenants are worth their weight in gold.Is the seller offering financing?  

You are usually responsible for the cost of upkeep on the property but make sure the owner is for things say for more than $1000, so if the furnace quits & needs replacement it is on them.

@Chris Fox may sound good right now, but happens when someone has an argument, want to sale, what about repairs & upkeep, death, the list goes on and on.........

Many private lenders, who make loan decisions weighted more on the equity in the property, will be less concerned about those expenses.

I focus on 1 thing, and that one thing always seems to be the easiest scorekeeping goals- money or weight loss.Enjoying LIFE should BE the GOAL!

I understand it’s a lot of investor who do not want to deal with the tenants, cleaning, and normal upkeep of their properties.

It's called arbitrage, the bank is loaning me money and making 6% APR on it and I am using that money along with my cash (20% of the purchase price) to earn 45% ROI on the property.I don't care if I'm renting the money from my bank for the first 12 years, the people that are renting my apartments from me are paying that rent and paying for the up keep of the building, and paying the utility expenses, and paying the taxes, and paying the insurance, and paying me money for my time to work on it, and leaving cash in the bank called profit that I can use to grow the business.

I do have a line in the lease indicating maintenance and upkeep is tenants responsibility.But no fixed dollar amount.I could understand the chain in the toilet, if it was some apartment building, but on SFH, i would think they would fall under maintenance and be the tenants responsibility.

one must weight those.