Once the process is in place, it is nice when at least the majority of the rent shows up regularly. 

If you set out to do the items I shared regularly you will actually cut down on liability and if a liability event occurs you will be far better prepared.

I attend meetings regularly with recent "graduates" of programs like this. 

Current State: Knowing the neighborhood(s) we target, and having driven them (regularly) I have a pretty decent list of "looks distressed" properties.

I am a regular person (not realtor or agent), what are the steps to buy from Crexi or LoopNet? 

Rents for that home are going to be 1800 to 2100.You should net about 200/mo  Deprreciation would mean your rental income plus a little more of your regular income would be tax free.

Examples of these significant services (regular cleaning, changing linen, maid service, transportation, tours, etc.) and are described in Treas.

I specialize in investment property loans, and I’m happy to help you figure out which loan type would fit your strategy best.Also, regarding your question on meetups—there are some great real estate investment clubs in North Texas (Dallas REIA, for example) that host regular networking events.

How would a high appraisal on this home have something to do with buying a new home unless you plan on leveraging this and taking cash out and putting a regular mortgage on it.

She already works, but now will have her regular low wage job, schooling full time, and will be getting a part time job added to her schedule.