The license (if you aren't going to use it to sell) is worth it for access to the MLS and access to dumps the first day they on the market.

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

Congrats on the potential drafting - that's huge.

@Aleksandra Serebrenik its all about the trusting the process.

We bought a home built in 1900, insurance water damage coverage is 10% of the dwelling limit. 

The trade-offs are real, but for consistent cash flow and the right landlord, it can be an excellent strategy.What’s the best way to start?

@Savannah Holzer Well, if I stay with SFR as my strategy, then yes, at least at first, while I figure out the self-mangage/landlord gig.

Quote from @Matt Cook: I would really get with a realtor that is in the area of that property and that sells a lot of homes to comp the property on what it can sell for after the remodel.

Got it .. thank you for the info.   

It will familiarize you with the basic terminology and benefits.