Mom and Pop shops are not that great at accounting and the numbers tend to look like they can't afford to live so take that in to account plus the operations they are doing. 

Got it for a steal, so we have a lot of equity, but the house needs a lot of work.

My recommendation would be to partner with Realtor for referrals so you can spend your time on what you do best.Either way, with your criteria being so specific, you'll likely end up with quality leads and an additional income source!

There is normally a specific timeframe to do so when the values come out. 

When you set up the showing, repeat your main requirements, ask a few questions, and encourage them to pre-screen themselves so they don't waste money or time.3.

Noticed Zelle has invoicing feature, so I'm curious if people generally issue monthly rent invoice?

So it’s not a big deal. 

Jasper, Pat, and Alecia,Thank you so much for your response and advice.we are moving forward with it.I truly appreciate you taking the time to respond!

@Chris Seveney Oh I do not do it, I just understood it better after that article

A friend of mine told me that "Bigger Pockets" was the place to be, so I'm reaching out here with my first post.