Point is, be aware of what kind of tenant you have and ensure they meet YOUR criteria for success when it comes to screening.

@Eyad Isa The most efficient way to micro invest is to buy a small duplex through fha loan and live in one side and rent out the other.

The only thing I would ensure is you have the septic inspected. 

Make sure you confirm the zoning district of the property and ensure the buyer's proposed use is a permitted use. 

But like Pat said, they don't seem to last long as they end up getting a job by a contractor so you kind of always need to be looking for a handful to ensure someone is still available when you need one.

My understanding is second mortgages are more desirable from a tax efficiency standpoint.

Dealing with personalities of each family and ensuring every family gets along is part of the screening process.

To ensure success you will definitely want to associate with like-minded people, people with experience and who are already doing what it is you want to do, and people who inspire you… not naysayers, negative people, nor critics.

I would assume that the larger companies, who have better lawyers and support staff, and "PULL", are grabbing as much of it as they can, and are probably much more efficient at doing so than we are. 

- WillWhenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.