3) Do I invite the shortlisted applicants to view the property before the background & credit check?

A big thanks to @Joel Owens for the detailed, first person view from the eyes of a commercial broker. 

I appreciate all the sound advice and points of view I have gotten on this forum thus far.Do tax deductions in real estate (for example depreciation) carry over to ones regular W2 income (for example a physician salary)?

Hi everyone -I wanted to reach out and ask if anybody knew where I could view/purchase property lists that would show non-owner occupants, preforeclosures, foreclosures, etc.

It was a big picture view which is what I was looking for as some of the topics themselves can be in depth.

Unless you're taking the long-view and willing to wait for a few years in a market where prices are increasing rapidly.If it were me, I'd treat your cash partner as a hard money lender.

I don’t view them as hard and fast criteria by any means but it’s helped me improve my understanding of the pros/cons of an area.

Hi @Juan David Maldonado, it's not exactly the same, but the sites promoting the most optimal views of finance and investing, with a strong social component, would in my opinion be:- ChooseFi- Afford Anything - J.L.

First is, if it meets some basic conditions, you can actually finance it out on a 30yr amort... second, it's a great way to leverage traditional housing finance to access land that has tons more options, particularly if it has other value, such as on or near a corner of two major roads, adjacent to desirable features like waterfront or views.

@John Teachout in regards to appraisal amounts and inspection failures, could it be viewed that the seller isn't being transparent about the condition of the property?