Layer on better quality tenants and there are a lot of missed opportunities focusing on metrics that present favorably on a spreadsheet in the lower tier markets. 

Is this a market better suited for single family LTR or mulitfamily?

Can I also charge him rent till I find a suitable tenant ( I intend to aggressively market the unit)?

For our clients, we separate repairs into catergories: 1) Health & Saftey - highest priority to avoid lawsuits2) Property Preservation - don't want a $500 water leak repair to become a $5k repair later3) Government Required - for city & S8 inspections4) Marketing Negative Impact - who wants to rent a "purple" house?

My markets are North ATL, Greenville, SC & Spartanburg, SC. 

We also try to note everything wrong that is readily visible and then categorize each issue as:1) Health & Safety2) Property Preservation3) Marketing Negative Impact4) MiscellaneousThis can help owners make better decisions on which repairs to prioritize, especially if they have a limited budget.

How much money do I need , what licenses , where to look for off market deals?

Realtors & Investors [August] How is the market treating you?

This works if the long-term market rent received on an appraisal can support the DSCR and you are buying vacant.

But this has been going on for years where some pull out and others enter the market.