One rule of thumb in real estate if you don't have a real estate license you are not allowed to market the house and have finder's fee.

If you're trying to stick with the 70% rule, you need to know which ARV to use in the calculations.

Rule 1:  Always use the same screening process for every. 

@Matt HarrisOne thing I would like to add is, buying empty houses, rehabbing them, placing a tenant and all within the needed quick timeline and price is not easy to pull off.  

Every time I have a vacancy, I always smile at the fact that 9 times out of ten... shoot, 99 times out of 100, it's the woman who makes the phone calls, asks the most questions at showings, handles the paperwork and m...

so it's easy money for no effort but some risk. 

He made it all sound do easy.

I'm not a landlord but know hotel rules since I talk a lot when doing whole hotel, room renovations.

Single family homes are fairly cheap and easy to come by in the area, and in my experience rent well.

Some good ones are:1. subject to my partners approval (your pet rat can be your partner)2. subject to 90 day inspection (HOPEFULLY you can broker it by then)3. subject to 40 year mortgage at -0-% interestOperating as an unlicensed broker isn't an easy job.