I have an opportunity to get a mortgage for the first time ever (due to a confluence of positive circumstances such as mortgage rates, my DtoI ratio, my wife working, etc) and am inclined to get two or three, thinking that a good SFD is almost always going to be a good bet if it flows and doesn't need a new HVAC or roof for some time, and even if housing prices drop due to major economic fundamentals going awry such as a stock market bubble burst or our debt problems coming home to roost, or the middle class going the way of the dodo bird ...

http://www.bloomberg.com/infographics/2013-12-20/blackstones-big-bet-on-rental-homes.html

I believe insurance is your bets bet against liability, next to good management.

I'm looking for ways to get involved and a lease option seems like my best bet right now.

Then you have homes with equity you can use for purchases in the future, additional cash flow, three properties versus two.

I bet they'll negotiate.

For a safe bet, some even figure in a reserve amount as well each month for future repairs.The management fee doesn't cover any of the property expenses.

How much would it sell for (ARV) versus how much net income it would generate over a specific period of time.

In this day and age of information I would bet there is a map that shows mailing addresses but I haven’t had any luck finding it yet.

I bet they would have quick answers to a lot of your local municipal questions.