Sounds like a decent deal if you are getting quality tenants and if mortgage is low enough

Write a strong lease and screen your tenants.

Craigslist has also been a good source of quality leads for me. 

This is a "course" (fairly inexpensive) in Screening Tenants and Tenant/Landlord Law.

I've been stuck with title search fees a few times this summer, so I am refining how I screen deals before sending them to the title company.For example, my last seller bought his property without a title examination.  

I found that Bigger Pockets has lots of tips and advice on tenant screening.  

I use a grading system I developed on the percentages of a successful outcome working with certain types of buyers.Statistically a certain type will be the highest quality and probability followed by the next type and so on.

Looked in to tax liens awhile ago after reading the 16 percent solution but did not find anything quality to invest in as they were unbuildable lots and I found 16 percent was not factoring in lawyer fees which was at times more than the actual interest collected.

Tenants who have been screened properly generally will not destroy your property and will usually give you notice, allowing you to market the property while still occupied, have a new tenant lined up ready to go, and move them in very soon after the prior tenant leaves.  

The tenant screening page comes up blank...