Some lenders might require a specific residency.

We have little knowledge about the area and hope to get some advise from your local pros/investors regarding the cap rate, vacancy rate and NOI for such property in a C to C+ neighborhood. 

You can also download a lease specific to your state through Zillow.

Just to be clearer, I don't mean the method that tenants set up the autopay or Zelle in his bank account, but some method, app or digital platform, that debits the payment from tenant’s bank account at some specific date of each month, and It sends it to my bank account.

Of course what he’s doing is creating a book of private “listings”, tying them up at a specific price for 90 days, and only closing if he can flip the contract for a higher price to an end buyer.

Figure out your investment style first and then you can ask more specific questions on different ways to achieve that goal.

For recommendations on mortgage brokers or banks, feel free to send me a private message with any specific questions you have.

@John Underwood are you using excel with specific formulas?

Hey Mel, I am an agent and investor in the area and work with a lot of client in the Philly Suburbs.It's tough to say for me without knowing the specific neighborhood and looking at the home to see what is the best solution here. 

I ask tenants to email issues because it provides a record and forces them to provide specifics.