@Chris Seveney  that's interesting.. lets say you buy a rental for 100k with minimum down  20k.you make 150 a month cash flow ( realistic numbers unless you value add or get some smokin deal)something happens and you need to sell in 5 yearsyou bought for sake of argument in a non appreciating market as many on this site admit they are fine with.. now you go to sell.. 60 X 150 a month = 9k   you have 10k in sales costs.. figure 6% plus closing cost plus seller credits and honey dews on the house plus it makes the math easy.so you net 90k  add in your 9k positive cash flow your at 99k... so just about break even but now your had to recapture 15k of deprecation and pay tax on that lets say 5k for easy math.. so now over a 5 year hold your 150 a month Coc really has a negative IRR since you lost right at 6K of actual cash and your only gain is whatever little principal pay down you got on your longer term note.Do you think I have that right.. only reason I bring this up is I sold a bunch of my rentals and that recapture hit me hard personally.. but I just wanted to reposition to notes as I am not a very good landlord..I think this is why if you think my numbers are correct.. that folks need to accelerate pay down so that you can pay these off quick so if U do need to sell and most people sell every 7 years stuff happens they have some true equity. or at least some cash coming out of the deals.

My brother showed me this site because he has begun the steps to becoming a rental property owner.

Not sure if you are wanting a website for your business or looking for someone else's site.

Search the site for recent forum threads on this subject; you will find a wealth of information.I always recommend that OOS investors look for places that are easier to get to and places that you want to visit since you will be going there regularly. 

If their parents really believe them to be on-time paying and take care of the property, then they should have no problem serving as guarantors and nothing to worry about.

I know these sites don't mean to mislead but the numbers are done by humans who are not investors; so make a point of doing your own.

Welcome to the site @Whitney T Redfield

You may actually be able to set it up direct with Fidelity and skip the set up fee, but their site has great info on the various options. 

@Aaron Lawson @Henri Meli have you guys come up with a software/program to search for these multifamily properties other than county property appraiser sites?

Welcome to the site Samier.