As for having the company first, if you want to finance everything together including your SFRs I’d wait, otherwise if you plan to make a purchase within the next few months, then yes get it open and have one less item on the list.Best deals I am seeing are heavy renovations.Example 22 unit: buy $607, Fix $500, ARV $2mmRefinance $1.4mm :)

You typically have to give notice by certified mail, publish notice in a paper, and then can auction the items off.

What @Nathan G. said.If you still want to do a multi-year lease, create an addendum that spells out the rent increases for each year and any other items you require. 

I am learning the hard way that I needed to provide an itemized statement of what I was to keep from the deposit and that it needed to be done within 30 days of vacating.

Is an itemized list from a contractor and proof you paid them enough if questioned about a passive loss?

Yes and lest not forget if a capex item hits plus general maintenance that no one tracks but is an expense and TIME

A lot of things to consider; you need to make sure you have identified a market that suits you, understand its dynamic (net migration, economy, Crime etc...) and then have your criteria fully defined: What type of property, size, what is your business model, what perfs you want, how you are going to structure the deal (JV, Syndication)?

Its a cloud based model so not a lot of pressure to pay high monthly desk fees if you only do a few deals to year. 

Hi,
I recently bought a house in detroit. The pre-purchase inspection listed a number of recommended repairs. My PM just hired a contractor to make these repairs and sent me an invoice that simply says "Upgrades City...

FICO has become a term used by many people incorrectly, it's just a credit score model and there are many now a days.