The property must survive an appraisal that is identical to FHA (price and condition)No down payment is needed.Just be aware that a sharp agent may tell his seller to decline your offer because you have almost zero skin in the game.  

i use TenantCloud they charge $1.99 to verify your identity afterwards you will be able to post to many sites.  

-----------------Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal.But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal.Matthew 16:19-20

I use Schlage electronic locks on all my homes (some model and all keyed identical) and have never give out a key in 8+ years.  

The two markets (commercial/residential) might not be identical twins but they are brother and sister.

Attorneys will always come in handy with contracts and also with legalizing yourself as an identity.

Yep, that's a lot of work.Building a site, who's sole purpose is to gather contacts (aka buyer's / seller's lists) without providing substantive content, IMO is foolish today, as most people are afraid of identity theft and scamming by phone or email.Just like membership here at  BP, contributors are the ones that get leads.

I like Glendale because of the array of nearly-identical cow sculptures in the parking lot.2.

Your net rents will be pretty much identical regardless of if you DIY or go turnkey (assuming all other things are equal, like property class and monthly rent), because you'll pay a PM and leasing fee either way.Both options can work very very well, its all about what you want to accomplish, and how much time and energy you're willing to put in vs how much risk you want to take on.

A couple examples, I have three almost identical properties that have performed well in a college housing market, the price run up on them has been huge.