The tenant screening process is standard, including credit checks, rental history, income verification, and background checks.

.- HOA Fees and Financial Stability- Verification of" HUD Tag" and Serial# affixed to unit- Possible issues on" built-ons" ( carports,screen-porches,fencing) present- affecting insurance ,code compliance , or re-sale.

Well, you should have made the purchase contingent on the units being vacant.Since you didn't, you have to to go by the terms of the existing lease, assuming that you 'bought' that too with the tenant.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

I've been getting more and more calls of people struggling to to be able to refi.3) I'm not against a HELOC while in growth mode, but I know many people that overnight lost these and/or the balloons came due and they couldn't refi out during the last recession.  

We are not allowed to to recommend in a public forum, Feel free to PM me 

Also go beyond paystubs (as they can easily be faked - google it), and do a real income verification. 

Pete area and want to know if anyone has recommendations of banks I should go to to inquire about a loan?

I included the 7% capex in the calculator and please find the updated link https://www.biggerpockets.com/analysis/rentals/30797a46-af28...I will make sure to do a Rental verification and a property inspection before I proceed.

My aircraft is small and high wing (Cessna 150), the second aircraft should probably be low wing but there should be a comfortable amount of space for it.Would be great to to sublease to a real estate investor and pilot as we'd often cross paths!