@Kevin SobiloEach month the Department is required by State law to compute and announce the ceiling rate on residential mortgages in this Commonwealth.

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

Welcome to the community and be ready for a huge amount of information at your finger tips.

Does anyone have any other tips?

Tip #1 - no such thing as one perfect market There is lots of data on Bigger Pockets and MTR experts that have released rankings of top cities for next year, but remember it's not just about the purchase-- it's also about the operation.

Try to get our youth to do that work today pry them from their computers their phones etc etc. this is just reality.. nothing political about it.

Computer Renaissance, also based out of MN.)

Another tip: I think if your schedule and time allows it, go and stay at the property for a night or two.

Any tips on how to screen the tenants?

They will be able to give you some sage advice that would work for your specific buy box.Johnathan - thank you for the tip.