Quote from @Luis Cerwin: I have a single family house in Detroit (I'm out of state) for past few years.

another expensive area ;-)The DMV has more 2-4 families, so I checked out a few.

Investment Info:Single-family residence other investment.

If your property is residential single-family owner-occupied in a good area, the buyer has good credit, made a good down payment, and twelve or more on-time payments have been made, you'll be in the lower range.Note buyers, just like lenders, won't go above a certain loan-to-value (LTV) ratio.

I currently own (and property manages) one investment property (2 family rental).

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I am thinking of getting a list of leads and using the owner info to mail postcards or letters to find small multi family.

If you're busy running a ranch and raising a family, you don't want calls at 11 pm to unclog a toilet.

I have been listening to the podcasts for years and have finally gotten serious about making this move to better my families situation. 

I've had qualified renters move into a rental, add their bum friends or family members, and then disappear, leaving me with bad renters who weren't approved and aren't on the lease.The best practice is to screen every adult, approve them, and add them to the lease.