This also includes running credit, getting an appraisal etc.

@Chetan Malik sounds like you have Class C and D properties.We manage Class C in Detroit, but do our best to stay away from Class D.Class C for us, goes down to a 560 credit score.

I hire a college graduate in mathematics, who has a sense of humor, can pass rigorous background check, has perfect credit, and has desire to learn sales. 2. no mortgage company gives free leads3. mortgage loan officers do not get salaried, we are 100% commission.

Joining a local real estate group on Facebook isn't a bad idea, so that you could ask other investors their recommendations.

It is rather capital intensive and takes a skill set that requires a lot of repetitions to get good at(when you’re naturally bad at them like myself).

This is going to sound like a bad soap opera, but here goes...What happens if you have a property sold on seller financing and the buyer uses it as a rental.

Can you qualify with IRS income taxes, credit and 80% loan to value non owner in the future?

At the same time, if I dont buy an alternative, then I will never be able to depart with my expensive house that is a bad rental...

Also not being a landlord-friendly state makes it a bad idea.

I can add my mortgage, retirement accounts, income, bank accounts and credit card accounts.