Any tips on how to go about  creating the rental application, and analyzing their credit and background checks? 

Flipping is great too ... so profitable in fact that I flip everything I buy, it is just that most times I flip it to the rental market instead of the sales market, that way I get the short term forced appreciation AND the long term market appreciation AND the long term cash flow from rent increases, all compounding with leverage nearly tax free ... it's a beautiful thing when done correctly.

It was built in the 1920's and is a beautiful home in a quickly appreciating part of town.

Let me know if you see any issues with my plan to convert that into a substantial passive income.As background, my wife and I purchased a 2 unit multi-family house in Jersey City, NJ, in mid-2014 for $575k.

Hello My BP Family,    I'm going to be closing on my first out of area rental property soon, and was wondering what YOU use and believe is the BEST tenant screening service that preforms reference calls, credit checks, criminal background, and job verification.

Someone is selling a beautiful 2 fam for 800k now that they bought for 900k... been on a while... out of my price range but more looking up to 400k....

Find yourself realtor who has a proven background of investing. 

As investors, we're always looking for the property that will be our next big diamond in the rough. Use these kitchen transformations as inspiration for your next project!21 Unbelievable Kitchen Transformations!

James, I've got plenty of background in the area and I'm interested in hearing what you've got in mind.

That front porch looks beautiful, but was it really necessary to do a full re-build?