If you hired an agent or a broker to work with you, you'd be covered - but regulations & laws vary from place to place.Screening is best done by establishing a set of guidelines to qualify applicant tenants, then sticking to those rules to avoid legal issues (and for your own sanity).

Also have you been able to see the property in person or are you relying on an agent to be your eyes and ears on the ground?

The information contained in this post is not to be relied upon.

The loans were varied and some were able to close sooner than others and they wanted to close before the others but we held out because we needed to close all of them at the same time to avoid any last minute standoffs or complications.

This gives you a more accurate view of the property's true cash flow and performance without relying on a large down payment to "force" good numbers.This is exactly what we do — help investors like you evaluate deals to ensure responsible purchases that lead to portfolio growth.

Be sure to investigate the varying product types. 

This varies by lender as different lenders have different guidelines they underwrite to.

Knowing the three cities mentioned is important for grading the neighborhoods and can vary street by street. 

That is a tricky question, I would only rely on a CPA for the answer

The information contained in this post is not to be relied upon.