If you do this and screen decently you will have reliable payments made to you.

Unfortunately they were very unprofessional in their techniques during power washing (and in general, in many ways), and our skylight ended up with a huge crack in it.

@Bill Gulley I hear ya and thanks.My system is always to have my mortgage broker screen the tenant-buyer to make sure they have a good chance of getting financed in the end and that the deal would hold up as long as the tenant-buyer doesn't do anything to their credit to screw it up.

But you can pre-screen the sellers..

If you do not meet my initial screening requirements you are directed to a denial page .if you make it past the pre screen once the form is submitted another auto email goes out that goes over my screening requirements again and also directs them to my online scheduler where they pick 3 days and or times that work for their schedule.  

Each unit is around 1000sqft and has a screened porch and a separate stairs to the backyard. 3 units have been rented for $1000/Mo and one unit has been rented for $1100/Mo.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Consider checking out HUD homes for small multi's owner occupied gets first crack.

If you buy them right you can always weather even the large cap ex items and still cashflow as long as you are also run a tight ship with your rentals.Oh, and unit turnover often hurts your cashflow so download and read the utilimate guide to tenant screening from BP.