The third person was an elderly woman that was believed to have kept quite a bit of cash in her apartment.

The hardest part is knowing what to buy and performing your research.

After you get a feel for this property and it seems to be going well, take another look at your finances and consider your next property, which I would recommend is similar to your first in type and performance.

It may sound a little like overkill, but for me overkill probably isn't possible given where I want my level of involvement to be in performing active field duties and tenant interfacing, which is ZERO.That is all very valuable to me as it allows me to focus on my professional work and securities investment which is what I prefer to do.

There is a section in the contract that says NOTICE TO BUYER/SELLER PERFORM (NBP, NSP).  

I am out of my contingency period and have been given the notice to perform.

I am out of my contingency period and have been given the notice to perform.

Third party management can make sense on any property as long as you are satisfied with the returns.Insurance costs will be proportionally more than a SFH/4plex in the area would. e.g.

Nonetheless, your presentation should convey the necessary information for them to do that analysis by providing historical performance, expected future performance, and your proforma assumptions.Here is an example for a RealtyShares deal (investment completed over a year ago).

The third lender wanted a second on my house but offered to do cover TPI, Third Part Inspections, and would complete internal appraisals; it would have a prepayment penalty, and added that I would need to have an account at their bank where the rent was to be deposited.