You may also need a different insurance policy since it would be a rental and not owner occupied.

Additionally, thinking about investing in different property types or enlisting the help of a trusted property management firm may be wise choices.

You need to keep track 100% and not give the owner any grief about a PM contract in place that prohibits a different agent from selling the property while you have the PM agreement.I also want to see that you offer compensation to tenant representation in case I have tenants for your properties. 

I could put numbers into this model, look at different possible outcomes, and see if a deal made it through the first steps of financing.

And honestly, a few 1/100ths of a percentage doesn’t make a huge difference in the monthly note.

I'm guessing it would be easiest for them to come two weeks before their move in date and get an Airbnb and tour different options and make a decision quickly like you said. 

The strategies can be different. 

Different states have different rules, and saving a buck here is stupid. 

We made a couple of detours, bought a couple of flips instead of another multi...but similar enough and I count it as a success.I lost focus in 2014 and went off doing 1000 different things..started a construction company and completely lost focus.

If the deal that comes your way is not in the neighborhood with higher rated schools that you like, wholesale it for a few bucks and go on to the next one.You really have to see the area and get a feel for what different priced areas look like.