While I know that the housing authority will do their diligence to ensure the applicant is qualified for the property what kind of checks should I do in regards to tenant screening?

It cash flows for about $1100 per month (we even had to do an eviction and learn some of Brandon Turner's tenant screening tips first hand, but I never went out of pocket).Two months ago we bought a single family 2 bd, 1.5 ba and immediately cash flowed it for $600 a month (another 401k loan, $39.5, 2 bd, 1.5 ba).

My "uncle" ( not related through blood ) who has no next of kin except for his sister and children. ( my uncle and his sister have absolutely no relationship, and he has no relationship with his nephews or neices )Wants to give me his business and the land it sits on.

I don't use a property manager and the last thing I want to do is spend all my free time showing the rental and screening tenants.

It seems you have real estate in your blood in more ways than one.

Even if it costs a couple thousand, that's a rounding error on a $2.2M project.One other consideration is that developers earn their money the hard way, with blood, stress and tears... and more stress.

Very professional, knowledgeable, good tenant screening.

Are you coming across as a shark smelling the blood in the water, or do you really want to help these people and make some money in the process.

Living in a small town in Florida, even in great neighborhoods you will come across homes stripped of appliances, fixtures,cabinets, kitchen sinks, A/C and water systems, even pool screens if the house has been empty long enough.

The Landlord had not done due diligence in screening the tenant and knew nothing about how to manage property and tenants.