if so you are now the bank.you want a mortgage or Deed of trustand a promissory note.you can get a 3rd party appraisal if you wish or you can establish your equity protection on your own.then you need a lenders title policy when you close.pretty simple stuff really.

I googled a few websites and didn't find something that was simple, crisp and thorough.I'd like to send something ahead of time to the tenant.I do see a lot of move-in/move-out checklist, but not much for periodic rental inspections.Thanks!

A simple turn, burn and cash offer isn't how you help these people. 

I sent out 1,000 pieces and picked up 3 properties.

There are so many layers of locations and employees that doing simple tasks can be burdensome .

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

I just need a simple explanation and some examples of exit strategies so I can get an idea of what investors are talking about when they say "You GOOOTTA have your exit strategies."

We had a simple Fsbo contract i downloaded. .

I just heard that starting in 2019, the City of Cudahy is going to require all property owners with a property that has 4 units or more to pay for private trash and recycling pick up.

Your grandfather's done pretty well keeping it simple.  99.99% of the people reading these posts will never do what he has done!