If you have questions about how to find a good PM and what to ask them, I wrote a blog post with some of the details you'll want to look at, you can find it on my profile. 

Best of luck, and feel free to PM me if you have more specific follow-up questions or details to share.

We can generally do a turnover within 24 hours (sometimes with a punch list of remaining items) but this time around we are getting a lot of interest from potential Section 8 tenants. 

. :) Without going into too much detail on the tax code, we know that 1)  less than 7 days or less and 2) 30 days or less are two of the 6 exceptions to rental activity provided for passive activity purpose.

Does anyone know the details of bidding towards a 2nd mortgage of a home?

@Mike Loy, As a realtor you qualify for a Solo 401k, which has many advantages over self-directed IRA, here are few:Contribute 10X more than into an IRA (up to $61,000 per year per participant)Access up to $50,000 from your retirement account tax-free and penalties-free at any time prior to retirement via participant loan featureExempt from UDFI tax on leveraged real estateInvest tax-free using Roth 401k sub-accountCheckbook control without use of an LLC Custodian is not required = no custodian, transaction or asset based feesYou can read it in more details here:https://www.biggerpockets.com/blogs/2810/21298-sol...The bottom line is that if you qualify for Solo 401k - it would be way better than an IRA.

So I will give some details and some analysis I have to this point.

Used him 4 times...hes the guy realtors hate because he is so detailed.

The rule is you can pull 75%LTV or 100% HUD whichever is lower.The guidelines say NOTHING about what those funds itemize out too, it only states 100% of HUDso load up the HUD!

This would be especially important when investing in a smaller town.Those three items are probably the first things I’d look into when assessing a new market.