Even if only one person is responsible for paying rent, knowing that other occupants aren't financially strained can reduce the risk of rent defaults.Cons:Potential Tenant Pushback: Some applicants may view this requirement as invasive, especially if they believe that non-paying occupants should not be subjected to the same level of scrutiny as the primary leaseholder.

Hi everyone,I'm a complete newbie at investing, and I feel like even with the books I've read there are still so many unanswered questions I have.

Every person on this forum is going to have a different idea on what makes a "good deal"Personally, for rentals, I look to gain as much equity right off the bat as possible and have little to no money in the deal.

Some will go with a nicer pad and a cheaper carpet.The nicer pad makes the carpet FEEL more expensive to the tenant when they walk on it.A great pad also resists wear and tear and if you need to replace the carpet the pad usually can be used again.Used to you would put a plastic membrane in between the carpet and pad to protect the pad but the plastic would slide and make noise sometimes.Now they have pads with built in protection.You are not looking for the cheapest product but the best VALUE for what you pay.It depends on the area and what kind of tenants and rent base you are working with.

That way I also know that it went to the correct person. 

I personally do not own an investment property near downtown Danville but I believe the fair price range for a two bed 1 bath is between $400-$500.

Please feel free to share with the readers of this post when you can, my friend would like to know

Hey Arron,I have not personally heard of them but would recommend looking into their online presence/reviews.

In short, all of the people that you need on your "team" that I have used personally, as well as, many of my clients for many years.

This can be advantageous if you have a solid investment plan but less-than-perfect personal credit.