In addition, of course to location (proximlty to all the attractions), size, age, service, amenities ..In October 2016, I used my HELOC to buy a long term rental property in Palm Bay, FL which is currently leased out (yearly) starting March 2017 (and renewed last month).

(Repaired)Now the last issue was a newer Samsung slide in stove that I bought for 1600 1.5 years old I had service company from warranty company come out and state due to abuse it was filled with roaches and that the circuit board blew he than declined to fix and he said the house was being abused.I than had a second company come out and they replaced the board to no avail they then said it was another board and yet again it would not work so they suggested I get a new stove.

Again, you can disguise this as a "service" to the tenant.

If you provide it you are responsible to repair it, the fact that the washer and dryer were there when they moved in would lead me to lean towards a you should provide laundry services answer, however you may want to switch out to coin laundry or submeter the water for the future anyway.

I know investors in Ocala who have used been very happy with their services, and they definitely handle investor needs, including double closings, etc.

Google: Multi Family Laundry Service in xyz and you can see which one comes up.some have reviews and testimonials.

There are a lot of third party services that will do credit and background checks for you.

The other higher elevation is so far out in the country it would only service about 20 houses. 

We havent ever used one, but most of the services I have heard of just do them for a percent of savings.

I'm starting out with getting to know the Middle TN markets to better service our network of investors.