Are you in a market with good multifamily stock that have rents high enough for you and your husband to cashflow and meet whatever return on investment targets you have established? 

You need to prove yourself as a savvy investor first, then have a deal to present.Second, raising money is really hard right now, even for well established companies with $7 figure marketing budgets.  

My goals are established, I'll keep surfing through BP and learning more

Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.

So if I don’t have established rental income early next year then it’s not a good look, huh? 

My name is Tom, and I am an analyst and certified appraiser with TYA Group.I am currently looking to establish connections with wholesalers who operate in Cleveland and its suburban areas.My primary interest is in single-family homes and duplexes.

However, deeding is only one way to establish ownership. 

For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

Purchase price: $38,000 Cash invested: $48,000 Single family, Home in an older established neighborhood needing complete updating.

Established neighborhoods often come with more mature landscaping and amenities.