Also, when owner-occupied, is the rent check sent to the LLC and the owner treated simply as a tenant?

I will check out the Landlord resources!

This was an interactive worksheet that you could walk a property and check boxes as you go. 

Check regional building for the age of the furnace, water heater etc and if they are nearing end of life be sure to plan on replacement costs.

If you keep failing inspections... well, there are plenty of landlords happy to take HUD's checks instead of running credit reports.My advice if you do Section 8 anywhere is to hire a property manager who is genuinely comfortable and experienced with vouchered housing.

Check out the site for more details: https://thegarageden.com/What made you interested in investing in this type of deal?

You are making money, so you pay tax.I guess the only other thing to check is if you are putting in all your expenses and getting your depreciation correctly. 

You can visit and check the condition anytime.

Thanks everyone, I like doing comps to learn :) just wanted to check what others were using as well.

Its like a real estate built in gut check!