That being said, if you keep your eyes out and are ready to pull the trigger, you could scoop something up well within your budget.

I know the location of where my house is in demand as I have had many inquiries, even without photos of the room, but I haven’t pulled the trigger because I don’t want to bring the wrong person in and end up in small claims or worse for negligence.Any tips, or recommendations would be extremely helpful.

in case you're ready to pull the trigger on the next one.With interest rates this low, your monthly payments are probably not as large as you think, and your net income may not be that much greater.

I've looked at several places over that way and just never pulled the trigger on anything.

Some companies do it well with stock market triggers that allow them to break the lease, but soo many people lack the sophistication or knowledge to keep risk low when leasing multiple properties.

I think once I actually get closer to pulling to trigger on a property, I'll need to look more into being a landlord.

Step one:  Find an awesome agent like @Brie Schmidt (NW side of Chicago) or @Eudith Vacio (NW Indiana & W side of Chicago.Step two:  Talk to an awesome lender like @Zack Karp or @Michael FacchiniStep three:  Let your rockstar team, guide you in the right direction (i.e, location, purchase price, etc.)Getting into real estate is tough which is why most people end up not pulling the trigger. 

It appears to be working for you, so perhaps I'll pull the trigger. 

This can trigger a due on sale clause from the lender, as a quitclaim deed does transfer the title out of your person's name, as a sale would.

What metrics need to be true for you to pull the trigger?