It's a great opportunity for my family to have some additional income down the road.But man, it is tough telling a young family with 3 kids that aren't going to be allowed to rent the house due to prior collections owed to landlords and vehicle companies. 

podcast the other day for Brian Belaire, another successful investor and property manager who moved to Aruba and still operates a couple companies up here in the New England area, and while it was coming out of my mouth, I realized I needed to share with anyone else who needed to hear this - ESPECIALLY those starting out.WHAT would be the top 4 things you'd say to yourself when get started in this business?

Legit company.

I'm a flipper, buy & hold investor, and run a construction company.

I'm a co owner for a moving company.

As part of my own due diligence, I would appreciate any comments about this company.   

I am trying to find a new property management company.

You'll want to have the right property management company set up.

The tenant fills out their information online including their SSN for the company to run the check however as a landlord you do not get the SSN from the screening company just the background check. 

Not figuring this out can wipe you out.4) Ring Cities are best in Suburban Detroit - PM us for definition or search for our company blog posts here that cover this.5) If you go into City of Detroit, you really have to check each block-by-block.