We use Avail.co to do the background checks, prepare and store leases, and to offer the required renter's insurance policy.Stessa.com does a good enough job acting as a free substitute for Quickbooks.AirBnB and Furnishedfinder.com for listing the space (though I will be trying MiniStays soon). 

Most municipalities have a free help line to prepare oneself for civil court. 

Just be prepared to work your butt off to get the deal in front of as many investors as possible. 

Make it clear that you’re prepared to go to court, potentially jeopardize his license, or report him to consumer protection services—or at least make it clear you’re considering these steps.

I would think in this type of a property you would need to be prepared to come out of pocket the entire renovation amount. 

I received the following email today.Good Afternoon,Be prepared!

For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs). 

My oldest daughter left FSU in March but still had to pay the remainder of her lease through the summer.I wonder if some owners are worried about this upcoming school year and unloading part of their portfolio to prepare for the uncertainty ahead.My experience has been as follows:-100% rent payment for March, April, May, June, July for ~160 students.-99% leased for next year (100% at this time last year). 

I moved into the property while getting it prepared for the next season so I could quailify for better loan options.

The tax preparer may be confusing the two.