Joseph's Hospital in Reading, PA and we were looking for a good place to live for that one year.

Demand remains strong and rents continue to climb.Great place to invest in rental properties!

Is there a place I can buy something which will be positive cashflow (150$ at least)....?

I'll use it for sure to set up the LLC  :)You're right about the annual fees, etc. and I think TN is the best place to set this up

The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out? 

Bigger Pockets is a great place for education and networking. 

Off Market, and KREIA are just a few places to look. 

And do they accept counter-bids after initial bid is placed?

I was originally drawn to it because I wanted to have one place where all my tenants paid rent and where they had the option to set up auto payments. 

You need 6" clear from ground to bottom plate, and ground must slope away from house...5) Any place that water can enter the house (doors and windows, skylights, where roof meets eaves, etc...) should be checked thoroughly, if it's not raining on inspection day, you have to be really careful with this...any suspect areas, put a hose on them....