I'm a mother of an 8 and 11 year olds, my husband works full-time but I quit my job when we had my daughter and wanted RE investing to replace my income.

This way I do not care whether guests stay 1 night or 30 from cleaning standpoint.3.

You need to be careful around the risks of sudden price changes, market stoppages and watch for transaction fees.

@Anthony Saheed I would advise you to be very careful to recommend people to speculate in volatile real estate markets.

I would also be careful talking to property managers - they may have no problem telling about "other" buildings, but change of ownership in their own building is a threat to their livelihood.

-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?

I went with Cornerstone Davis Kangas took care of the 1031 exchange.

You will take care of repairs under say $200 or $300.

They can get a better deal for there better care etc etc..

Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.