Commercial scales a little better across cities b/c commercial buildings tend to cover a managerial staff, anyway.

Taxes are paid in the same year, not in arrears, so you'll need more money at closing to cover what the sellers have already paid.- 1% transfer fee when buying property paid for by the buyer.- Inheritance tax. 

How would you screen the tenet that would now live in your rental?

What is your criteria for screening potential tenants for your rental properties????

If something happened where you need a new roof, how would you cover that cost?

All expenses are covered by the rent and I have a good cash flow.

Cover your back.

There's a 1 year manufacturer warranty (I just had a dishwasher repair covered by that). 

Having enough available credit, solely on credit cards, to cover the whole job seems out of reach to someone like me. 

If the property cash flows well enough to cover the lenders debt service coverage ratio, and you have adequate liquidity, you should be able to qualify.