Initially I was a little worried if I would be doing it “the right way”.

The initial funds will come from our personal savings, but I assume the income will be recorded to the business?

Once I get the initial screening and ask them to submit their application and background check, I get to review the potential tenant applications, then I follow up on those I have selected whether in person, over the phone, or whatever works for us.

I'll never have that even after pulling out all my initial equity as I focus on maximizing cash flow. 

Hi, All~ Thanks for looking at this question. I am looking to put the least money down and will be using this property as a personal residence for at least a year and then either selling as a flip or establishing a lo...

Hi there,So if a Realtor finds a tenant for you and uses a TAR-2001 form for the initial lease.

Based on the few analysis Ive done so far, Ive been mostly focusing on COC ROI, initially doing long hand math using 4 square method, but now using the BP calculator, which have all generally yielded pretty poor COC ROI relative to what I hear in these american podcasts.

Once the rehab is complete, we can then refinance the home, hopefully covering our initial loan and rehab costs. 

And, after that experience, a process was put in place to ensure that all tenants sign-off on the initial walk-through checklist, that all repair requests have to be submitted by email with photos, and a "tool box" is provided that contains a plunger, hair removal comb for bathtub/shower drains, instructions on how to reset the garbage disposal, etc.  

Spoke to a couple of lenders recently who mentioned FHA loan minimum credit requirement is now 640, not the 580 I initially heard.