But my mailing address has changed since I move around a lot. 

This can give you insight into what to expect and whether any issues might arise.Lease Terms: Review the current lease terms carefully.

I'd appreciate some insight from some local investors.

in a previous life I was a mortgage underwriter, so I have*some*knowledge, however I was borrower focused and need to change to be asset focused. 

This has made my life easier ever since. 

I appreciate your insights and feedback:I have a single-family home I need to rent out long-term.

Persistence is key – it involves adjusting to market changes and overcoming difficulties with patience.

The advantages, in theory, are so huge and I'd like to know if they are true in real life:1.  

We made him an offer where the comps are sitting and kept his 2% offer but that worked out to about $20k less than his asking and he turned it down and we basically said "okay well you have our numbers if you change your mind" and it's still sitting on the market at 70 days now when most duplexes in this area are gone before they even go live. 

I would not start investing, creating businesses, or doing anything in life based on a unicorn example, whether it be real or imagined.I would look at the industry from the top down, figure out what realistic margins are, and see if I can gain a competitive advantage or beat general market returns by a few % points.