Hi Fred, You might find this BP post about screening potential tenants helpful: https://www.biggerpockets.com/renewsblog/2014/10/1...

@James Wise & @Colin SmithI have purchased a full outdoor movie setup for these events. 16'x9' screen, full PA system, 1080p projector and a bluray player.

Now part of that is how you screen and manage.

Also include some mechanism for increasing rents and providing adequate notice.Tenant screening is extra important since they are both a roommate and tenant.In terms of taxes, part of your property will be a rental and part will be your primary dwelling. 

We advertise, telephone screen, and then set up appointments for showing.

As for renting out make sure you're doing your tenant screening to do your best to avoid the evictions!

It's just a matter of time before you will have to shell out some funds.3) Why not ramp up your business and acquire some of your own skills and do your own PM and learn to screen and find good tenants?

Make sure you baby sit the tenant buyer.There is a fairly new tenant screening service for $50 dollars, and do a Dodd Frank compliant underwriting.See http://www.screenthetenant.com/r-e-investors.html@Michael Hicks pm meif you want some 1 on 1 with sub 2.

If your message has a little more copy it probably will generate less calls but they may be pre-screened, i.e, they know they are calling an investor who won't be interested in paying retail. 

I'm assuming that you have the applicants fill out an application that you then physically turn over to the HOA for full screening.