Only an investment team can provide the crucial local knowledge you need.Moreover, you'll need various resources to find, validate, inspect, renovate, and manage a property.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.

However, much of our document and data collection was handled by loan analyst Taylor Vassey.

You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.

- Are there specific tools, resources, or methods you use to simplify the regulation process?

Any advice or resources you can point to?

This will go a long way in creating a network and future sellers and buyers will start to see you as a resource in this arena.  

Happy to be a resource for you.

The tenant will most likely talk nonsense and show the judge precisely who they are.Send the judgment to a collection agency, along with all supporting documentation.