I do inspections semiannually.In my relatively short tenure as a landlord, tenants that are "up to no good" have both (a) paid rent like clockwork and (b) been unresponsive to any communication.In addition, my lease has the following provision:  (o) You shall keep us informed of your current contact information at all times, including phone numbers, emails, and emergency contacts.

Sellers will give an advantage to pre-approved buyers over other buyers who are just kicking tires.

Here is my process I have thought out for now, please feel free to critique/provide improvements based on experience:Learn through BiggerPockets, David Greene, Gary Keller -- I personally want to avoid getting too deep into this phase, get the basics and run with itCreate a system on analyzing a property - I have my own parameters that work for me and have put them on an excel sheet - I have what I call 'quantitative' and 'qualitative' tabs that give me a 300 degree viewGet pre-approved as I am learningNext comes the Research phase (learning and researching are going together) - this is taking time.  

Purchase price: $170,000 Cash invested: $70,000 Sale price: $325,000 Purchased this property under a contract for deed with $48,000 down and paid off on or before a year later so that we didn't have to pay a hard money lender What made you interested in investing in this type of deal?

The answer may be “depends”, but humor me with some specific numbers you’ve paid, even if it’s a range.  

in our county if the city water bill is not paid they will go after the landlord to pay it not the tenant and if not paid they will put a lien on your property and it will show up in your title work when researched.

Seller financed the house with small down payment and I paid for the construction part.

Parents have a second house, paid off, 1450 SQ ft. 4bed/2 bath.

The unit is now completely paid off.In the last year or so, several issues with building have been surfacing due to long-term neglect of previous management companies and the original developer/renovator (in 2006).

Even thought, I still paid about 40k without the roof.