It is a little paperwork intensive but, if you just bought them you should have most of the paper work already you will need. 

Nonetheless, I did not realize how bad cats could mess things up and how intensive a process it is to rid the unit of odor. 

If I suddenly decide to be a barber, pastry chef, pro basketballer player, it doesn't mean I can just do it.   

The higher cash flowing properties in my area tend to also be more management intensive.

If they pass I then do a intense in person interview to truly assess the individual.

You're best returns are in North Minneapolis and east St Paul, but those are your highest risk and management intensive areas.

In the last couple of days I have been watching a lot Kobe Bryant highlights.He was a basketball player and I am a real estate investor. 

Low class tenants require intensive hands on management.

My personal opinion is that a lot of the demo could be done by the homeowner, as well as anything else that's relatively labor intensive and not requiring a specific skill set.  

If it is not painful enough for them to sell I go buy something else and I will come back to the property if their motivation becomes more intense down the road.Make time your friend....... : )