Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

For the first townhome, we are in the renovation process and looking to screen our first tenants.

Those horror stories are typically from amateur landlords that don't know how to screen tenants.

In my estimation it takes 2-5 years before a rental is broken in and feels like a good investment. 

The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.

Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!

I'm looking to switch from cozy mostly to combine tenant screening, marketing and rent payments.

With proper tenant screening and systems in place you can absolutely be a successful landlord.

I think it is good screening, luck, and that my tenants believe what I tell them.Do not reward tenant bad behavior!