@Basilio AlcantaraWhat you are referring to is called "60-day rollover" (or indirect rollover).

(starter homes in my area being priced at $600k average, and banks being government regulated etc.)My portfolio for reference:1st home, appraised at $530,000, remaining mortgage $310,000.

@Brad Hammond Yes, I was referring to just not doing the deal if it seems the inherited tenants will be a major issue.

I've heard this strategy referred to as rental arbitrage. 

As far as tenant screening, you look for the same things you would in other areas: income, criminal history, evictions, landlord reference, employment reference and perhaps credit.

any examples that I could reference so I can get an idea any help will be awesome thanks! 

Just a few thoughts: - Get a thorough inspection- Get 3-5 estimates from GCs- Pick the right ‘genre’ of GC (fourplex and smaller usually falls under midsize or smaller GCs) - Always check license numbers and if you’re repairs or more than $25k, request references/info for 3 past similar projects with pictures or check social media and reviews - Get a service agreement in place before finalizing your deal and make sure the estimates cover everything in your inspection report and nothing is overlooked so there’s not as much unexpected cost that pops up.

There was a prior post on BP that referred to a litigation case involving a Trust company where the end result was the sentencing of two individuals with fraud, and millions of dollars of SDIRA dollars lost. 

Check your local laws...Hire a good moderately expensive contractor with good references.

Just wanted to tell someone who loves real estate as much as we do that we put in our first offer today on an off-market deal that our agent referred us to.