Also you could check out the book 'Hold' which you can find on amazon or other locations to give a good background before jumping in.Search for other threads on BP on the 50% rule and 2% rules to get additional insights as there are many good ones.

@Marcia Maynard ,Maybe it's just me, but you have a beautiful, radiant smile - and look like a wonderfully positive person!

@Anish Patel - welcome and you've got a great background for real estate investing.

My husband has an entrepreneurial background and experience selling residential RE in NJ as well as property management in a small expat community in the Yucatan of Mexico.

I ran a background and credit report using RentPrep. 

My name is Seneca and I live in beautiful San Diego.

Dothan first impressions: very beautiful Garden District, homes with lots of well developed yards and character... the city has an annual parade through through this area showcasing how beautiful the city is.."

If you have anyone that has a lending background, verifications are not hard to obtain or verify prudently.

By way of background, my core investing strategy is buy and hold.

You're going to need good credit, meet DTI standards, have 20% down atelast, then the bank is going to want to do thorough background checks on your contractor, appraisals, double check your repairs estimate to be sure its accurate, yada yada yada.