Ask for the application and screening reports like the credit report, background check and application.Check the property conditions - ask to see a copy of the lead certificate, rental license and rental inspection.

@ Julie McCoy I just post some pictures and a short description along with the listing for VRBO where they see the entire description and amenities.

Long story short they were about to lose their home and I made a deal with them to buy it but it needed to be taken out of bankruptcy and gone thru probate.

Have been a scientist, salesman, professional firefighter"It isn't me that you have to impress, it's them and apparently you came up short. 

Another strategy is looking at short term or mid term rentals thats one way to cashflow but it does take more work as your basically running a hotel business but once you figure how to automate things it will get easier at least thats what the short term rental investors tell me lol.

Though I'm am animal lover, dogs and cats just have the capacity to do too much damage in a short time to this type of rental.

Yes we have relied on mentors (our contractors and real estate agents), but we have sent them leads, work and have treated them fairly on every project we do.Much cheaper than hiring a guru who you really don't know if they are successful in the first place.

That said, I just did this as POF for reserves on a $1MM short term rental purchase in February.

TIA I look at these things the most when looking for BRRRR cities - Rent-to-Price Ratio: Look for cities where the average rent is high compared to the average mortgage cost- Population and Job Growth: Focus on cities experiencing steady population and job growth, higher than national average- Availability of Distressed Properties: Look for cities with a supply of pre-foreclosures, short sales, and abandoned propertiesNormally bigger cities in those states should do well, houses are still somewhat affordable (comparatively) and if you do a big rehab it'll pay off

Indeed there are other ways like the short term rental loophole.