Age or properties, appraisals, past credit and business experience could also play a role.

Why would you give them free rent with they still have full access and use to the stove, refrigerator, walls, closets, flooring, roof, garage, lawn, etc.?

Is there any websites or platforms that I can add to my knowledge that help with this diligence at fair/free cost?

@Austin Carr I don't know of any local groups who analyze deals in person, but I host a free session each Saturday at 4:00 P.M.

but... in my experience, you will be in a stronger position if you build a network of humans by going to real estate meetups and really learning a market.for example - here in Pittsburgh we have a lot of old houses that need big rehabs. and the best software / AI in the world can't help me, because it doesn't know the conditions of the interior, the sewer line, etc. for most of them. 

The other option is to look for private money, or for friends and family or even if you have retirement savings, and having them self direct the funds and lend to you.You can also go and look for a partner that brings the capital and you bring the experience/sweat equityCongrats on the homeGino

Nathan, if I've drifted to far from "just cause" topic feel free to delete.

Does anyone have experience in this market (Norwich or New London county)?

Feel free to send me a message if you have questions, but in case you are interested in learning more about the private lending process here is a link to the book: https://store.biggerpockets.co...

And with no business ownership knowledge or experience, correct?