Its a relationship business.

So you want to set up an employee/ employer relationship .

You may also want to check to see if it's on any historic registries.  

Never develop personal relationships with your tenants.

If you have a great relationship with the bank, they will lend you purchase and rehab based on the appraised amount, but most out of state investors will not get that.But you don't mention the closing cost and holding cost.  

I am fortunate for that, and I have a very good relationship with my bank.

I found 2 red ticks, one was 'current' and the other was 'historical'.

I don't strive to be buddies with all of my residents, but without the rewards of quality relationships I would have quit being a LL a long time ago.

I signed up to attend a local RE Investment Group that will be meeting this Monday to start networking and building relationships with like minded people.  

By hanging with 'their own kind', I meant a smoker is more likely to get into a relationship with a smoker.  2 single smoker guys are more likely to acquire smoker gf's is all.