I paid for a date of death appraisal. i was under impression I get a step up in basis for sale of property if sold.

And we were talking about their payment plan, and the wife have their own business, etc. for some reason I was under the impression, the husband and wife income alone would qualify, and the dad’s income is just additional to the household.- so i told them to apply.turned out the wife’s business is kind of random stuffs!

If you don't do the homework, you will give them the impression you may not be up to the task of doing the homework with real estate investing.

Sure, if you were given the impression that the house was in move-in condition, then I would ask for a price reduction. 

ppl will underestimate you for your age - understanding the numbers as a teen is more impressive to potential mentors than just spotting uncut lawns. youtube "how to run comps". try a social experiment and offer to cut their unkept grass if you really want to find out their motivation and build rapport. then use the $20 to buy colored envelopes and vumber subscription and print copies of your "i work with investors" letters and drop in owner's mailboxes - no stamp or return address needed. be patient and prepared to get a call back 7 months later when they finally reached their distressed limit (also dont take the angry call backs personal). youre protected by youth. lol

In both scenarios though I'd impress upon them that they are responsible for entering into a lease, and they need to be responsible for exiting it however they decide to do that. 

That's super impressive. 

Wow, impressive first year! 

I just listened to your pod cast,  really impressed. 

But also I am under the impression that a good management company will be able to rent it out for more so that they will pretty much cover their costs in the monthly rent if that makes sense.