If you have the funds to put in a better quality floor for the rental and by better quality I mean less costly to care for down the road then carpet I highly recommend it. 

I believe your profile said you're already a realtor but for both your investing and as a realtor you're going to want to create quality relationships with some of the local smaller banks to start out with and don't forget about commercial financial brokers, to help with accessing those smaller banks and credit unions just outside the city. 

It would really depend on size, location and quality of the house/building.

In this case, nearly everyone in my neighborhood and in the surrounding neighborhoods would complain about the quality of their fences, but almost none would do anything about it.

If not, do it yourself, or hire for someone with the skillset to masterfully screen and place quality tenants.

Word of mouth referrals tend to be best when it comes to searching for high quality work. 

What is the most effective way you have found to get quality leads?

She's posted on Facebook and hasn't been getting a lot of quality responses (lots of junk where people don't actually read the ad). 

The diverse job base keeps quality renters in the area.

If the couple still wanted the property when they learned this, they’d have to pay off the outstanding first position mortgage as well, which was in the ballpark of $40,000.