Always helps to have a copy of his driver's license just in case he tries to take the money and run.  50% is standard though to get the job started. 

Look into Cleveland, its got good cashflow potential with appreciation happening as well.Looking for appreciation come to Columbus, there are still 1% deals, but the more attractive part is the population growth and other economic drivers!

A city with multiple economic drivers will be more stable and more likely to grow.Are wages rising, falling or stagnant?

Single family  probably a realtor will do better but for a multifamily not sure if it makes a big difference, The two main drivers that are motivating me to sell with Redfin are the following:1)Low sellers commission 1.5%2)No buyers commission If a prospective buyer purchased through Redfin else the standard 2 to 3 percent  I am expecting it to sell  for around 1mil with up to 300k profit and absolutely not seeing anything going wrong selling with Redfin.I am extremely interested to hear in favor or against selling with  Redfin.I will  greatly appreciate your inputs.Thanks 

Sometimes, you gotta do what you gotta do.Since you are using mail in applications, ask the applicants to send a copy of their pay stub and driver's license with the applications. 

Prior to closing, you should always have the current owner provide you with the current rental agreement, the tenant's rental application, (along with copies of driver's license, social security cards and pay statements, if applicable) and a statement of rent paid.

Your primary residence is usually always reflected by your driver's license as well as federal and state tax returns. 

But I will post pics of the finished house shortly.Pouring driveway.Notice the driver of the concrete truck above.

Whether I purchase the property or you do, we will likely encounter the same capex costs, so in my opinion it needs to considered as an above the line expense and reflected in the NOI, since that is the main driver in price.Now whether the seller will agree with you is another matter entirely

Fortuneatly/unfortunately the Fed is in the driver's seat.