@Jim Stanley, @Alan Asriants is providing some strong feedback on 1st steps which you already are making happen by checking out the place next week.

He has already submitted an application through Zillow, and we have the contact number of his current home manager.Please let me know if it's still a good idea to ask the potential tenant for a recommendation letter from their current landlord, or if calling the manager would suffice.By the way, what should we do if the tenant has simply provided a friend’s number, and the friend pretends to be the landlord or property manager, or if he just make fake letter?

I can't tell you the number of times they have helped me through their forum and all the insights provided. 

@Michael Smythe He hasn’t used BP cost calculators but does provide rough numbers to help determine whether the property will cover the mortgage and even potentially cash flow.

While it may not always provide immediate positive cash flow, the long-term benefits of owning a property that is generating rental income while also providing a place to live can be significant.When considering the ROI of house hacking, it’s important to look beyond just the monthly cash flow.

They also provide tax services which I do not use, too expensive, and help you establish lines of credit for your business.

They also have an online application that is very poorly put together.

Call your state's department of RE.I think most states require that a agent present all and any offers ,regardless of how small they are.In the past, I had someone threaten to report me to the DRE unless I provided them undenyable proof that I submitted the offer to the seller, so I forwarded them an email from the bank's AM telling me the offer was a joke....was enough proof.

In most cities and counties, you can find the regulation online.

In this article, we will explore the importance of location in real estate investment and provide tips on how to choose the right location for your investment goals.The Significance of Location in Real Estate InvestmentLocation is a critical factor to consider in real estate investment.