I researched this for a while and found some obvious conclusions:CapitalOne Spark Cash Back Visa - 2% cash back. $500 bonus for signing up, and $59/ annual fee (free for 1 year).

Make sure you know the landlord-tenant laws applicable to the properties in which you invest.

Here there are two applicable laws one for passing a check on an bank account that is closed and another for passing a check on an account with insufficient funds to cover the check.

If you are in the US it will depend on what kind of visa you have.

By the representations you sign in the application.

3.5% FHA for owner occupied.Question I have - Is this applicable to First time home buyers only?

This simple question, and the conversation that followed, made me realize a few things. 1.Not everyone is up for taking risks. 2.Not everyone, no matter their corporate background or how intelligent they are, is cut out to own and/or run a business. 3.Some people seem to be looking for validation of why NOT to pursue their ideas or passions. 4.Some people are perpetual students and never make the leap from knowledge to application.

So, just saying, my opinions or statements back then may not be applicable currently as exemptions and clarifications have been made.

Part of it was a learning curve(i.e. check public eviction history prior to meeting applicants there if you don't accept those who've been evicted, or having them call to confirm the day of showing so as to not stand you up) The other part is our strict criteria (current home inspection, employment verification, landlord verification) we invest in a working class neighborhood where people tend to shade the truth more often than not.

As @Pam R. mentioned, it will be extremely important to decide your criteria in advance in the event you receive multiple applications.