You should always have an face to face interview with them (assuming you are managing your own rentals, which it seems to be) before renting out to them.

Collect the maximum damage and LMR allowable in your state to protect yourself.This couple is extremely high risk and having a co-signer will not prevent the train wreck you will likely face.

My husbands uncle ( 70 years old) has a home he owes about $50,000 on.. current mortgage is $650.. he also has some credit card debt to the tune of $10,000.. with his social security he barely gets by and counts every penny.Here where the real estate investment part comes in...bare with meThe home is in dire need of rehabbing.. but he has no money to do the repairs.. in the current state the house might fetch $110,000.. comps in the area for moderate upgrades sell for $185,000-$210,00..He considered selling cheap to get out and buying a condo.. but he would still be cash poor.. he figures what he could sell the house for would pay off the credit card debt, and give him some money down on a condo..

@Dan Mason I think Leon is talking about the Pittsburgh neighborhood in Atlanta, not Pittsburgh, Pennsylvania.3) In addition to the inherent risks of real estate investing, in lower-income areas of Atlanta you will face increased risk of theft and vandalism (e.g., AC units stolen, pipes and wiring ripped out, window broken, door kicked in), significantly more challenging tenants, and neighbors whose actions reduce your property value (e.g., building code violations, drug activity, squatters, loud music, loitering, littering).

I had a weekly call with one of the investor-facing staff at Memphis Invest, and that has leveled off to a monthly call.The best part of it all was having a really excellent team helping me through the whole process.  

Remember, whenever you hire someone on a regular basis (W2), you face State Employment Regulations: { ssi, workmans comp, tax withholding }. 

search DFW real estate investment on face book.

All they wanted were instant gratifications that doesn't involve any work. we the investors today will face the same challenge of teaching our kids about investing and they only have one parent not the rich dad and poor dad .

The risk you face now is that the market could go down and you'd be sitting on properties that have lost value and still don't cash flow well.

Lafayette is my hometown, great to see a 'local' face.