"local cost category modifier"= (+$3.30) more than the national average. 5) He'll make arrangements with local house inspectors to do a walk through the of house and take extensive documentation.

The first time a unit is empty, I go through it extensively so that when there is turnover, there is only a minimal amount to bring to market again. 

You find out that there are a lot of things that go into a credit score, some things matter more than others (car loans / immanent repo, recentness of charge-offs/collections, etc.).

I learned a very valuable lesson with the clients response.He simply said "If I accept a personal guarantee as security of payment then I must be willing to use such guarantee to collect.

Tenant screening and rent collection is a big concern and would like experts advise.

There are 4units with 2bd and 1bath a piece collecting $1350 a month to each unit all of the neighbors pay a minimum of 1500 a month.

Down payment on a multifamily that you could also live in seems like a good solution both for having a place to live while collecting rental cashflow.

The option fee will be non-refundable in the event of default or choice not to purchase, but should it be applied toward the purchase price typically or is it just money collected for the option to purchase a property in that manner?

I look for a fixed reasonable fee that is a straight percentage of gross rents collected, and that's it.

I am an agent in Ohio and work extensively with investors.