If they really want the house, they should still want it in a year or two, and they should be able to save up the 15-20k they need to buy it with a proper normal loan.I realize a ton of people may disagree but let's get real, the biggest problem with the real estate market is people buying what they can't afford.

If you have the juice to borrow from banks then your ahead of the game other wise your HML is your capital partner and you should look at them as such..

There are thousands of untapped opportunities in R/E everday.

I wrote an e book on the do's and don'ts of Turn key investing.if you PM me with your e mail happy to forward.ON this website anytime you ask about Turn key you will get in no particular order1. a response from a west coast marketing company that there only job is to sell you the Turnkey product that they represent and get paid for.. that has already happened so consider the source2.

rent roll, maybe get a couple years Schedule E if possible, list of capital improvements completed and those that need to be done, lead paint or not?

With the proper equipment (and a handheld glass cutter and a straightedge are not considered "proper equipment"), cutting the glass is a piece of cake.

Books, podcasts, and forums are great, but are not and will never be a proper substitute for practical experience.

@Amy E....Under no circumstances do you ever keep the same key on a unit when a tenant moves out.

@Fantasia BowserYou have been given the proper answer, but on a side note, as it appears you may not be entirely familiar with basic contract law, you may be lacking some critical knowledge in other investing areas too so it would be wise to consider partnering on your first 5 or 6 deals with an active local investor so you can learn how to properly enter and exit a transaction without causing yourself potentially serious ramifications. 

A go-getter with the proper attitude cannot be denied.