The main thing of course is to be aware of and follow all the additional tenant protection ordinances that seattle has which go a lot further than WA state landlord tenant law does.Seattle has a just cause eviction law ,    additional categories of 'protected class' that you cannot discriminate against,  there are rules around what you can and cannot consider when doing screenings  (you cannot consider most criminal history for example),   and there are rules forcing you for example to accept a six month interest free payment plan for deposit and last months rent if the applicant requests it.   

Hi Charles,The main brokerage firms that are highly active in DFW are ARA, Marcus and Millichap/IPA and CBRE - if you are looking for 80+ units. 

This has led me to look at properties in the following high school districts:>Mustang>Moore>Westmoore>Southmoore>Edmund and Choctaw fit his bill as well, but the values in Edmund seem too high and there does not seem to be a lot of market activity in Choctaw (please correct me if I am wrong).The strategy behind these numbers is to buy in cash and then perform a cash out refinance a little down the line.

They told me a lot about what was going on in the unit and of the relationship the tenants were having (alleged illegal activity which I was also told about by neighbors). 

If you know your town/city and actively analyze the competition, then you are in a far better position to know what the market rate is, in my opinion.

If I dont spend time here, then Id need to spend time and money on other lead generation activities.  

I don't see much activity here at all.

I really doubt he is an active gang member, I've been talking with the family, he and his wife are both Senior Citizens, and as far as his possessions go, he left the place (and the family) in pretty bad shape...

If you tell them up front that you require a minimum income of 3x the rent, a credit score of at least 650, and that you will conduct a credit/criminal background screening on every adult, that should weed a lot of them out before they bother applying.

I'm an active investor in Reading and know the area well.