For one, she says I would need ongoing flood insurance.Since I don't know what I would need for the one I found myself, my best guesses for due diligence are:visually inspecting the home, calling the city, the county, assessing a repair list, asking if I would need flood insurance, or any other kind of insurance, if there are any liens on the home, etc.

For one, she says I would need ongoing flood insurance.Since I don't know what I would need for the one I found myself, my best guesses for due diligence are:visually inspecting the home, calling the city, the county, assessing a repair list, asking if I would need flood insurance, or any other kind of insurance, if there are any liens on the home, etc.

As this is my first deal, I ran my numbers as it would be fully rented.

The issue I ran into is that most of the homes were already vacant.

We have a really good handy-man who is able to handle all coordination with tenants, maintenance and repairs, so ideally, we are just looking for someone to find and vet tenants, and handle any related activities, but I'd imagine most managements companies want ongoing business. 

I ran the numbers, and we would be cash flowing around $600/month.

Maybe I just got lucky with the first one I ran in Pittsburgh.

Just like in early 2000, C language was once so popular and suddenly it was replaced by different other languages and the software engineer who only adept at C lost their jobs.Not sure when this 3D printed house will be at scale and how it’s changing supply vs demand picture in the rental market.Or maybe it’s just like a on-going competition between diesel engine vs electrified battery/fuel cell as we see nowadays.

@Daniel Fisher hi Daniel, I ran into this in Massachusetts but eventually found a handful of credit unions and small local banks that were willing to work with me.

That was always a problem I ran into.