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@Cody Furman first of all let the residents know that there is a new sheriff in the town with a welcome letter and explain the everything you can in that letter and then deploy some cloud based software like Buildium to track your tenants and the rent and charge late fee and give them vacation notices on timely manner and evicted the bad ones and do not raise the rents until you are stabilized and do the screening to fill in vacancy otherwise you will be in big trouble if bring in bad ones.Charge application fee of at least $35 per couple and they will pay and use that for screening.

Getting a special and start off with low down payment is not as good as you think but if the  the location is important as a consideration, the demand for what you buy property and tenant screening, it's in  growth area, is it located within a diverse area, the parking that is available, do you have deep enough pocket if funds are needed, Do nearby amenities exist, is there any nearby retail stores and what are they and does it fit your ideal tenant, and are there any existing tenants. 

You have to view properties in the Midwest with a different mind-set than when buying a home or condo in CA.

Some states view wholesaling as brokering without a license. 

Now that I can view this from the investors perspective, it makes more sense. 

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He had moved In about a month earlier, but he gave two fraudulent checks to my leasing agent during the lease signing process, after clearing the background and credit screening.

My occupancy rate could be higher but I am very selective screening new tenants.