By my rough estimate 1.4M would buy you 23 single family homes for cash in the markets I’m in.

Please include any details on your experience with the recommended firms. 

This particular property came up the other day and below are the details.

This particular property came up the other day and below are the details.

I do only have this one house, and I keep very detailed records, but I realize there are suddenly a bunch of tax rules that may affect me and I know little about.Should I have a home inspection done to determine any code issues or safety issues to correct prior to converting the property to a rental?

This will give you a better understanding of the market you're operating in, and should you find a property you may want to buy, the cost estimates will come to you naturally.

I work in information security, so I have a strength in combing through details and considering risk.

Get a few estimates from different contractors.

Yes/NoAny follow up conversation information will then be logged after:6/20/18:  Called again and spoke to David, he is interested in meeting at the property for a walk through on 6/25/18.6/25/18:  Met at property, will be expecting itemized estimate from David by 6/30/186/30/18: Received estimate, need to go over this and compare to other two estimates.And so on and so on, so I don't lose track of my communications with each person.That is the sort of stuff I am talking about. 

For example, a contractor may give an estimate for a bathroom makeover for $6k.