Having strong tenant screening practices in place helps - my manager charges $40 per credit check and doesn't make much off it, but checks court records, criminal records, credit, and so on.

Before jumping into products or targets,I would suggest setting up a solid base.For me that means:- LLC/inc. in tax favorable state- 800 FICO / 80 PAYDEX- $100K in untapped personal credit- $100K to a million in EIN/LLC/DUNS untapped creditONLY THEN look around, research the market,and jump when your brain/gut/heart align.Today Zillow dropped 20%, California/NYC offers are down 25%,Australia/China/Canada are down 20-40% depending on the data...Save your hard earned $50K for the right moment with a strong base!

@Shawn Gor most states have strong laws to protect tenant deposits.

I looked into syncing everything on Podio but once again I'm a contractor and the tech side of things isn't my strong point.

I looked into syncing everything on Podio but once again I'm a contractor and the tech side of things isn't my strong point.

Needless to say our economy as well as the RE market is strong.

Since you're here in Metro Atlanta, I'd strongly recommend getting your hands on training and courses from successful local investors like Dyches Boddiford and Lou Brown.If you are looking for recommendations, connect with me here on BP and I may be able to help!

With vacancy rates already extremely low, there is going to be a shortage of rental properties and strong rental demand.

However,  we have a strong demand for rentals and housing in general.If you are saying you can get $1,382 Monthly Rental Income ($681 per unit) then that’s really good.  

Keep plugging away and your WHY is definitely a strong one which will help you.