This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

Hey Guys,I am currently screening few tenant application for one of my rentals, One of the my potential tenants have great rent payment history but poor credit score with few collections in his record.

Eventually you are going to come to the realization that the time-suck (the flat per-door overhead expense of your time, etc) is ballpark the same if the net positive rental cashflow is $150/mo or $750/mo or $1500.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

Applying consistent, professional tenant screening and being strict about your lease will prevent > 90% of problems, and buying in an area where good tenants want to live will massively help you quickly find qualified tenants. 

Additionally, even if your current PM doesn't rent out furnished units, you can exercise using another self-managed option where you can list and screen for the unit yourself (and cut back on that PM cost). 

Just a few examples:The best application screening, hands downFree evictions and up to a month of lost rentUp to $5,000 in accidental pet damageProfessional inspection reports with high-res, 360-degree photographs twice a yearProfessional statements, monthly and annualAnd much more.

That's what I did with my last several places in the East Bay and Ohio,....find a vacant property.....get it fixed up....and put a tenant with a voucher in there after properly screening them.