Additionally, the legal system is set up to favor owners of storage facilities as opposed to being "tenant friendly" like it is in the world of habitational real estate.  

--identify and choose online rent payment system--verify mailing address--determine how to turn one mailing address into 2 apartment addresses through USPS--develop packet for new tenants with utility phone numbers, my contact info, etc.These are a few off the top of my head, and certainly not inclusive.  

If they are not advertising some sort of points as a fee, which is normal I believe just look at the regular banking system.

I would love any advice on systems that experience and seasoned wholesalers have implemented that consistently brought results.I understand the need for persistence, as well as, a somewhat mechanical plan that I need to develop.

Enter destitution.This is the part where I feel like going into a long diatribe about how fcked up the healthcare system is in the USA, and the need for universal coverage.

For people with good credit, probably about 85% of the time the Automated Underwriting System Desktop Underwriter (AUS / DU) results - for FHA and only FHA - say "no verification of rent required."

However, a few expense items are missing or underestimated:Vacancy: I suggest an amount equal to 1 month's rent per year [$1300].Repairs and Maintenance and CapEx: For a $90K house (and without knowing the age of the house or it's major systems), I'd propose more like 1 month's rent to be safe [$1300].Management: Even if you plan to do this yourself, there is going to be a cost in time and money to address late payments, handle repairs, renew leases, etc.

MORTGAGE INFORMATION: MORTGAGE Borrower: BorrowerLender: "MERS" is Mortgage Electronic Registration Systems, Inc., as nominee forHomestead Funding Corp Amount: $253,255.00 Dated: January 23, 2009 Recorded: January 29, 2009 Document No.: 01 2009 540 ASSIGNMENTAssignor:"MERS" is Mortgage Electronic Registration Systems, Inc., as nominee for Homestead Funding CorpAssignee: Bank of America, NADated: August 8, 2012 Recorded: August 22, 2012 Document No.: 01 2012 3505A ASSIGNMENTAssignor: Bank of America, NAAssignee: Nationstar Mortgage, LLCDated:June 20, 2013Document No.: 01 2013 2568 Recorded: September 6, 2013C.

6) AC is system is dated 20067) Roof probably about 10 years old8) Plumbing is galvanized pipesSome will argue that many of these things don't need to be replaced because "if it ain't broke, don't fix it".  

OK, so when looking at pre-foreclosures you have a few types of strategies to work with:Short Sale (some equity)Subject - To (low equity, possible upside down)Wrap (some equity)Fix and Flip (mid to high equity)Wholesale (high equity)If you are looking at a subject - to, the key is having a strong knowledge of the entire system AND a rockstar title company.