I like that I can select addendums, create custom addendums, and digitally sign the leases.

Even short term would help, so you can get your feet wet and prove you can run the units effectively.

Would it be better to go with non-friends as you select your power team?  

Yes in theory you can wholesale off the MLS but in today's competitive market it is not a very effective strategy.  

As the property appreciates or rents increase, you can effectively phase yourself out of the property and purchase another, all while keeping the same initial mortgage.Newer investors like this strategy because it allows for a lower down payment versus purchasing a "true" investment property (which usually requires higher down payments). 

If so, that's one less unit worth of rent....but then again, it provides a roof over your head and more cost-effective than rent or owning a 1unit (condo/SFR). 

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Kristin,Start having conversations with agents and investors in those select cities and get a feel for the submarkets within.

Are we allowed to select the "best" of the tenants that meet our requirements. 

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