One thing you can do is set things up quarterly by the season.. makes perfect sense.Look water heaters, cooling systems, boiler systems,schedule filters on those systems to be changed or inspected.exterior roofs, siding, windows a good general inspection spring and falllandscape grounds, parking area's including trash areas at least 2 times a year for needed replacements or lot line painting, or pot hole fixing..You should get into the units for a quick look see at least 2 times a year.. if not, be sure and schedule one before you renew a lease to make sure the upkeep is to your satisfaction.Just don't replace all the stoves at the same time or fridges,, then you'll have them all die again at the same time.. do appliances as needed.. and save some $$ so you've got that covered. 

You also need to set the property up for AirBnB so you need to invest in furniture as well as things you may not have considered like pots and pans should the renters want to cook.  

You can use 75% of the monthly rental towards your income  Hey Sam,I am trying to get pre-approved right now, This is interesting that you say that the pre-approval should be based on my gross salary and not my net. I

I'm pretty handy so I convinced her to let me make all the repairs it needed after the FHA inspection to sweeten the pot on both ends of the deal (scraping paint and repainting is pretty easy) . 

The homeowners literally abandoned the home and left so many things from the couch, pots & pans, canned foods, clothing, and a litterbox full of poop.  

Karen Harris - after 50 or so responses I might as well throw my 50 cents in the pot - Take away the big risk.

We left them a pot of coffee, and fresh baked cookies which were still warm when they got there.

Chloe Eudaly needs to use her time on fixing the broken bridges getting ready for the BIG ONE and filling pot holes all over PDX.

im still buying but Im using a little heavier down payments in order to keep loan payments down a bit, and being SUPER cautious  one of the reasons I think its going so strong is the pot laws. 

I also saw on Facebook that their son was into pot and they owned a dog that they didn't disclose on the application.I denied them quickly and they tried to lie their way out of it.