I would inspect my properties in the early months of the lease but generally I didn't need to once I had a good handle on the amount of care they were taking.What cut way down on my turnover cost was requiring a minimum of a two year lease.

By no means should you scrimp and cut corners, but maybe granite countertops and hardwood floors dont fit with the price range you can get at your location.Personally, I dont like dealing with people all that much so I use property management companies to interface with the tenants. 

My advise would be buy more than a 4 plex - go with 5 and over if you are going with multiples to cut out some of the competition.   

Contracts are pretty cut-and-dry and easy to follow, especially for an attorney.

But after a closer look they may need to cut their losses and get out.

After cutting it to the right length, the difference to the original will  be minor.

I wonder if there is a service one could subscribe to or access which shows:- Total value of residential mortgage debt in the US- How that debt is grouped by fixed vs ARM rates- How thar debt cuts in terms of prime vs subprime- How are the monthly payments doing (on time vs late)- Proportion of foreclosures (growing or declining) - How much of the debt is primary residence vs investment - Average loan to value estimate My point is simple.

For those, you use a slotted type bit with a cut in the center. 

If you’re guy has you questioning yourself about it now, what happens when you cut the check?

You are supposed to be able to buff out any marks or cuts that may happen to them so that is a plus for using them on rental properties.