Just make sure to find a good roofer for the more complex stuff.Getting the blueprint and cleaning out the attic are great next steps.

I can't make a case that it's a good deal for a 12 month lease though.The Zillow search results for a budget of $3500 with 3 bedrooms shows 31 listings in your immediate area.

I had a client recently ask me about this and it seemed to be a pretty good question .

Anyone that is "that successful" either doesn't need to the money, so wouldn't be raising a fund, or isn't that successful, so presumably is using investor money to fund the lifestyle.But at the end of the day, I am more in the camp of Chris: if it is too good to be true, it is almost certainly not true.

It is good practice to obtain the L&I affidavit of continuous use from the seller as this can sometimes improve the chances of securing the rental license even if more than 3 years has lapsed.To demonstrate the uncertainty of L&I when rental licenses have lapsed for more than 3 consecutive years I will share a recent transaction of mine. 

Good luck!

I've heard good things about them and have a family member who has done business with them.

Also, if anyone has tips how to find good potential sellers that would be much appreciated.

Happy to be a resource for you as well & good luck on your journey!

Good morning, everyone.Hello, my name is Chris.