Evictions are few and far between, but when we have one, the security deposit is NEVER ENOUGH to cover back rent and damages, the tenants always owe more.     

The most difficult task I foresee for myself is just finding a tenant, screening, showings, and placing the tenant in the home as I'll be living about 1.5 hours away (2+ hours pending the Los Angeles traffic) and work a full time job.

I hope to pull out at least $40,000 after covering refinance costs.

And my husband is a GC so we got you covered on the repairs too.

I use the application fee that I charge each adult to cover the cost of the background check here in Florida.  

If the borrower is paying then they should also be paying escrow monthly to cover taxes and insurance.

Physically look at the software they use and ask them how they are screening, verifying when properties are ready for the investor and how they communicate.Once youre good with that and you’ve got one under your belt, then let todays technology help you make more purchases...

Are you going to cover all of the seller's expenses....taxes, title, escrow?

What I do in addition to telling them what to do is create a video of my computer screen and show them how to collect the information.  

If you purchase an under construction 4 plex property and then the finished product is only 7 covered parking space instead of 8, can you get your earnest money back if you back out?