Funny thing is in these cases, the public utility is the first to notice and often come by to take a look at the meter thinking something is wrong with their equipment.

I'm mostly nervous about screening and getting the right kind of tenants. 

Even if you manage it yourself, other investor's cash flow breakdowns often include PM, so make sure you are comparing apples to apples.If you are self-managing, those numbers seem pretty thin, but that may just be the reality of your market.

We have networked with lots of wholesalers by going to these monthly meetups, looking at FSBOs on Craigslist, or even Zillow (a lot of the time, homeowners aren't posting there, it's often wholesalers). 

The idea that you should just cold call people who syndicate deals is often thrown out there but its not really practical. 

We hope not to bring in those kinda of tenants that bring those concerns. 

If you can visit in person it's often pretty apparent through how sound travels and the feeling under foot if it's concrete slab or not.

I'll give my thoughtsThey couldn't really afford it because a through background check was not doneJob LossJob relocationEviction - they stopped paying because ...They need a bidder place due to new baby or family member that comes to live with themThey get put in jailThey need a cheaper placeThey want a shorter commute to workDivorceDeath (in family or one of tenants)You raised the rent too muchPerceived or actual problem with the houseHigh Utilities at your house

People who think they make their gross income are often overly optimistic, people who think we use their AGI (such as yourself) are often more cynical than they need to be and give up without even trying!

Often to old links on here.