The only other twist I might add to what @Percy N. said would be if you're using a smaller community bank that doesn't resell it's loans to Fannie or Freddie.

You analyze the properties similar to how you would analyze any potential rental, but just with a few twists.

Someone is twisting your arm?

Gently nudge your relative towards opening an LLC with a real bank account (feelings have nothing to do with how a business runs in the real world).

Moore) will let you give it a gentle wipe without removing color from the wall.  

A Song of Ice and Fire series - GRRM, super intricate and full of twists but it is a commitment.E-Myth Revisited -GerberOn the Road - KerouacRichest Man in Babylon - ClasonLeadership and Self Deception - Arbinger InstituteTreasure Island - Stevenson

Stopping water from getting in is my biggest challenge as my tendency is to go all out to solve the problem but, if I put new siding on this, I'll be paying my buyer to take it off my hands:-).One trick I've been using to keep costs down is to buy gently used.  

Being a first time investor has a lot of twist and turns.

To add even more insult to injury the guy twisted the knife when he said, the regular price for mentorship is $29.99 a month.

But whenever someone says they aren't interested, I use that opportunity to gently remind him of what he's up against in selling this house.  ;-)