Are you investing in Ypsi, or all over?

Depending on the type of net lease (single double triple) the tenant is responsible for some or all of the expenses, which means you just collect your net income each month. 

Naturally, I am interested in obtaining some (or all) of these properties to help grow my portfolio. 

You can then fix them up to increase the value of the property and cash out to hopefully get most of your money back or all of it, and keep purchasing more property with this method and little out of pocket.

Oral leases do nothing to protect the landlord.

Just be extra cautious to keep your financials and structure intact or a court judge could theoretically 'pierce the corporate veil' (a decision against honoring the legal and financial autonomy of a corporate entity) and hold you personally liable for whatever legal issue is being raised which could put other (or all) other properties at risk.

If I follow what your saying, my plan will be to have the tenants sign new leases when the current lease expires and include the accepted payment methods in the new lease.Thank you,Elford You can't change an existing lease until it is expired or all parties agree to the changes.

Foreclosure agents or all yourself.

Unfortunately, fair or not, multifamily sellers don't like FHA/CHFA/first time home buyers type of loan programs since they believe the buyers aren't as good as someone putting 20% down conventional loan or all cash. 

That’s what flippers do (buy ugly/broken and add value), except they sell instead of refinance into a bigger loan.First, BRRR your own home, preferably generating ancillary income from working professional roommates (who help pay some or all of your mortgage in exchange for private bedrooms and sharing kitchen/laundry/bathrooms).