Just looking at say Massachusetts where Im originally from where they use a 2 page "contract" which is really just a letter of intent...then they have a lawyer draw up the real purchase and sale agreement, to here in the DC area where our contracts are 50-100 pages long and it is the agents who handle everything with the contracts and no lawyers involved except the title attorney, who really acts as an insurance salesman and not an attorney.I remember reading on these forums that there was some place where the tenants provide their own appliances.....I couldnt even fathom that.

All the appliances are mine except for the tenants washer/dryer in the basement.  

House-hacking is absolutely correct, except that I am married, and have had tremendous difficulty selling that to the lady.For now, we're starting to do flips on the SFR side, and I partition some of the winnings into the buy-and-hold portfolio.

@Marcus Durant,Come prepared to WRITE an offer, or have as much as you can filled in EXCEPT the offer price.

Maybe you are exceptionally good at managing rentals in rough areas so you cashflow  more than others.

Any new hires are to be hired in India unless there is a specific exception identified by the CFO (this is a large, public company).  

Employing a systematic approach/process for analyzing deals is important so that you aren't tempted to make exceptions and chase deals that will wipe you out.

They have been roommates in college as well and seem to get along fine.Application:Credit scores are around 700s, no late payments.They have jobs lined up in May.Have assured me that they will take exceptional care on the unit.I have letter of recommendations from school and previous employers.

Unless you have a significant down payment this would be an alligator.Property 2 - It's a little better except for the HOA.

The payment plan must be structured as follows, unless otherwise agreed to by the landlord and tenant For rental agreements of 6 months or longer—6 consecutive and equal paymentsFor agreements between 30 days and 6 months—4 consecutive and equal paymentsFor month-to-month agreements—2 equal installments; except for pet deposits, which can be paid in 3 equal monthly installments.