One more thing....The agent and lender locator tools on this site are very good.

even with a lower purchase price that's probably 1/3 of DC's they still mostly still don't work - rents not high enough, too much deferred maintenance, not in the right location, or all of the above. 

If everything checks out and you feel good about the situation, this could be a solid investment given its location and rental demand.

It really comes down to what specific documents you need from the tenant that you'll feel secured and comfortable of renting it to him/her.The typical criteria would be credit, background check, renters insurance, first + last month of rent + security deposit.

To locate the best short-term rental (STR) insurance for your Asheville property, consider must-have coverages such as dwelling, liability, loss of use, and additional living expenses.

Plus, it helps me build a good relationship with the seller, which can be handy when it comes time to talk about the price.How I approach the property tour depends on a few things, like how the property is being sold and where it's located.

They are more leaning towards security vs higher returnInvestors who are still trying to make a name for themselves want to grow quicker so they prefer higher cash on cash with leverage..

Its alot cheaper than an eviction (If it works) I would start with the amount of their security deposit!

Much will depend on your location etc.

(i) Tenant is responsible for all damage caused by smoking including, but not limited to stains, burns, odors and removal ofdebris; (ii) Tenant acknowledges that in order to remove odor caused by smoking, Housing Provider may need to replacecarpet and drapes and paint the entire premises regardless of when these items were last cleaned, replaced or repainted.Such actions and other necessary steps will impact the return of any security deposit.B.