Quote from @Reese Shulman: J Scott wrote about this in one of his books.

You could try the angle that the owner was trying to manage too many units before and now that you've taken over legal responsibility for the worst ones, you will make sure things go smoothly. 

You can go FHA or conventional on your 1st home but, if you go conventional on your first, you'll more than likely have to go conventional on the next one.

Don't expect significant returns on day one. 

@Nicholas Henry Provided your ex continues to make on-time payments on your mortgage, there's no reason your credit score should move one bit.You're selling it to her subject to the existing mortgage. 

First time I get one of these vs the several I've gotten for Texas.

@Nina PenuelaOne of the things we have seen, specifically in Ohio and Indiana is local building authorities target out of street owners with ridiculous fines and make life miserable.Had one where the porch light was out and charged a $50 fine.Another one claimed grass was not cut because it rained for 1+ week and did a $400 fine.

You may use one account for multiple properties or separate accounts for each property - up to you.

(You’ll be stuck under market for all time, so maybe different strangers but same story.)3) if you aren’t using a property manager I’d suggest you ask one how much they would charge and what it would cost you before doing anything.

We have one down in Colorado Springs but they are many in Denver too.