Great community here, if I were single and starting fresh, I'd start with a 4 unit, and do Brandon's 4/3/2/1 strategy.

It sounds like you'd want to start fresh with new residents that you can choose, but a vacant property may be an issue for the lender unless you have the W2 income to show you can support it.

At the end of the day, your securities and/or compliance attorney will have the best answer, but typically you are going to need to have a conversation with them, probably exchange several emails, and have some detailed notes, should this ever be investigated by the SEC.  

You can simply talk to agents and get put on an MLS feed and from there have them investigate properties that you're interested in.

Hey everyone, I have apparently lost even associated with my old account so here is a new fresh profile. 

Hey folks,I'm preparing to close a couple deals in the next month, and will be immediately putting those units under the care of an outsourced property manager.All the R.E. books I've read talk a lot about the purchasing process, and about the property management process.But I've never seen a comprehensive punchlist of everything that should happen right after closing, when the keys are fresh in hand, in order to transition a property from escrow into property management -- especially when there are pre-existing tenants and leases.

Do you usually give a fresh coat of paint?

When it comes to fresh renovations you can go online to confirm permit status and pay more for an inspection. 

On further investigation, there is usually a reason why they are SO cheap… thus far I’ve had a hard time finding properties that walk the line between good deal financially, and nightmare neighborhood/tenants/repair costs.

Some investors will use a private investigator to find them for very sought after properties.