Also, the right property manager in CRITICAL.

, and any other recurring revenue from a single source ( a house, for example) would need the LLC format for a company.

Beyond the minutes and records, other residents (past or present), agents, and past or present or managers can be sources on the inside scoop.....

Positive unit  cash per flow is critical. 

@Anthony Snyder You're missing a critical number here!

Staying on schedule and turning it in will also be critical if you want to become consistent.

Three different business modelsPurchasing notes at a discount requires sourcing notes, analyzing notes, negotiating price, and raising the capital to fund the purchaseBrokering notes is an intermediary function which requires sourcing notes, sourcing buyers, and connecting the two by best fitFactoring is the purchase of receivables and requires sourcing businesses with receivables and cash flow problems, analyzing the receivables, negotiating terms, and raising capital for the purchase of receivables, and collecting on the receivables.In actuality, factoring is the highest risk highest return.  

Also, what is the going rate to source/screen a tenant? 

If you can source deals the investors are out there in force.

So I believe that this is a good lead source even though out of 8 homes, I have yet to speak to a owner...SOOOO ready!!!