The tenant will then sign the estoppel to attest to its content.This is by far the best way to find out if there are any discrepancies in the information provided by the vendor (like the monthly rent being paid by one tenant is actually $100/month less that what is written into the lease, because he's the owners son and he vacuums the corridors and sweeps/shovels the walks).You can do the same thing with any service providers (i.e. snow removal or garbage service).

I feel this is my weakest point of analyzing deals and would like to improve in this area.

I subscribe to different services and marketing tools that really drive up my cost/mo for being a realtor..If you were just using it to look at properties and to save the "3%" (it's not really the full 3... as per Russell's post) it probably won't be worth it at the moment, but if you decided to pursue investing, it is an amazing tool.

If I can be of service in helping you find properties or in selling properties, feel free to reach out.Boris

And, even if rents climb only slowly, my cash flow position should improve over time, no?

Hi Daniel, I would ask if they have completed a reserve study, when the last time was that they passed a special assessment and what it was for, if they have any upcoming capital improvement projects coming up, when the roofs were replaced, when the last time they painted (because if not in the past 8-10 years you may have a lot of leaks).  

A disabled veteran in Texas may receive a property tax exemption of up to $12,000 on his/her primary residence, depending on the severity of the disability incurred as a result of service.

If I am buying and holding, why don't I just find a good realtor who can find properties that need some improvement and rent them out?

@Dylan Tettemer First off, thanks for your service.

I used the services of Renters Warehouse to find tenants and now they are telling me I need to conduct a Move in inspection.