If they don't you personal financial situation plays a bigger part in securing a loan. 

There you go with that emotional talk, again.  

IMO I do not believe they properly screened my tenant, just placed a tenant so they wouldn't have to cover the mortgage until a proper tenant was secured.

The vast majority of lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.

The key is to secure financing options before finding a property, ensuring you have enough funds to move quickly when a great deal arises. 

Where as the SFRs are emotional roof over their head purchases they are NOT being bought for cash flow or strictly for investment  although many know that appreciation has been very good to many of us native CA myself included.

Flipping is probably a little more intense, but can still be done with a day job, but again, my average flip versus my average rental: flip has made much better returns.And as for generational wealth and handing down something to your kids... well, I guess I view it as: if I can hand my kids a $10mm trust fund held in public securities, or $10mm real estate portfolio, they are going to be pretty set either way, but a real estate portfolio will continually have costs and work, a brokerage account is a bit more set and forget, with some periodic rebalancing.

Be aware of state usury laws and consider collateralizing the loan for security.

He collected first/last/security payments prior to move in date and was never heard from again.

Breezeway allows us to easily organize all photos by room and generate a downloadable document for reference.Once a tenant moves out, we follow the same process to document the property's condition and determine if any amount needs to be withheld from the security deposit.Additionally, we require new tenants to complete and return a move-in inspection document within 3 days of moving in.