(Contractors, quarterly tenant checks, etc.)

Residential usually the sellers are not savvy enough to go this route and usually just want their check at closing.In the end it all boils down to finding the deals.... thats not easy.

They expect you to live in one unit, BUT I have never heard of anyone from the lender go and  check in on you to see if you are actually living there. 

Thanks for the tip Matthew, I'll check Boulder, CO .

I'd recommend working with a good strong property manager that lives in that area that can check on them.

I am in the Akron/ Cleveland Ohio area.Hi Noah, you can check Facebook groups.

Check CA laws, you don't want to run into issues of being unresponsive to repair needs. 

Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.

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