Over two years, I built up 12 doors, which now generate about $100k in net income annually.

In those cases where a tenant suffered a minor setback and is back on track, if they are scheduled for a hearing before they're evicted they will often pay before that or when they see the notice on the door, but only if you file relatively soon.It really is good screening and filing quickly and consistently that minimize nasty non-payment issues in just about any kind of market. 

The lot next door was added to the subdivision around 2000 and goes by completely different rules. 

Therefore I just bought a house with $123,000 worth of equity when I walked in the door. 

We do have a tenant in ours but have closed off the pass through door.

The problem with apps running comps is that they can't see inside the homes (or smell them lol), or evaluate the exact location, or understand the local market on an intimate level to know what's next door or around the corner and predict the market value and ARV accurately like only an experienced local Realtor, appraiser or expert investor can.

While we aren't that big, I only have 5 properties, 7 doors, my wife and I have created SOP's for all of the steps in our process. 

•Every time you fill a rental, you open the door to a conversation about full management services.

From a lady that gave up a pantry and then requested her husband to steal from the garage space to build a pantry :). 3.

And let’s assume that the requirements are going door to door and convincing “motivated” homeowners to sign a contract with you selling their property below “market” rate.