Any suggestions are appreciated!

Dont know where to start any suggestions will be great thank you For the 300k property they are probably not going to let you pull any money out based on the amount of credit you already owe.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Thanks for the suggestion Erika!

They might have suggestions or updates that could help with this specific issue.

Will they "check themselves" from bad behavior when they see a professional company with professional services, legally reviewed lease, etc. managing their day-to-day?

@Rosalyn ScofieldI always suggest that investors and homeowners avoid home warranties.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I read @Dan Deppen's earlier response on this thread and I think what Scott might be doing is employing RMLOs to originate his loans, loan servicers to collect the payments and attorneys to review his contracts and make sure he is compliant with all the laws and regulations. 

.: Application/Screen every tenantIMO I wouldn't allow pets since it wasn't leased with petsOtherwise a non refundable pet feeI would charge at minimum 350 upfront per pet or not allow them at allThe Realtor who sold me the property and helps me find tenants, suggested $500 nonrefundable deposit for 2 cats and $25 a month each.