. :-)Based on my experience, I get more quality leads from postlets.com than Craigslist.  

Everyone will share where they find leads.

Hey Guys - I got a lead on a rental with a tenant in place, placed by the Tarrant Co.

I'll say my gut would lead me to guess one of two things:-Its a very depressed area and this is a tax credit complex (or similar subsidy) where the rents are fixed at a % of Area Median Income (AMI) rather than open market rents-Its such a crappy area that you're only able to attract the lowest of the low income folks: not anyone with a voucher, but the folks on straight SSI (no SSDI) for a reasonable proportion of their income. 

I found a property lead that I thought could be a great deal.

Hello all,I have a lead on a lot located in SE Atlanta 30317 with a lot of potential. 

I have 2 weeks for completing inspection, and would appreciate guidance on areas to watch out for.I already noticed that the floor is creaking in a couple of rooms, there is no insulation, and there might be lead paint.

This puts pressure to defer maintenance and leads to special assessments.Whatever you decide, you need to find a realtor that specializes in investment properties, is well connected, and knows the areas you're interested in inside and out. 

A low end tenant Iives in a low end structure, this usually leads to low end ROI.

If your contract simply says each party will pay their own "customary fees", that's better but will lead to some surprises and haggles.