There is a day care tenant, and also a consignment store. 

A few months ago, a thread here at BP caught my attention regarding quick easy and painless HELOC loans using rental properties as collateral available from PenFed Credit Union, often approved without even an appraisal. 

Be careful of those sappy social workers who may try to talk you into keeping these tenants.

A dirty broken down washing machine is a big turnoff for prospective renters and even current renters might think you don't care about them.

But be careful.

That include things like utilities and lawn care. 

Should I have them provide all the funding and give them half of the deal (upside and liabilities) or should I just offer a good interest rate and take the remaining cash flow and take care of the downside myself? 

Also, @Rachel Liu, people do well investing out-of-state (just be careful), but have you considered an owner-occupied small multifamily for your first deal?

We do not utilize any lead generation services like Thumbtack or Homeadvisor because the ones looking for quotes on those sites only care about who is the lowest.

I don’t care what sob story you have.