If you don't have it already, I would put together a written Applicant Screening Criteria document that outlines what you are reviewing and your criteria (e.g. 3x rent in gross monthly income, NO evictions, etc.). 

Ask for reviews on Yelp/Google - ask people to share your FB page.

https://www.biggerpockets.com/...
*This link comes directly from our calculators, based on information input by the member who posted.

Here is the information I currently have about this, which seems comprehensive:https://www.airbnb.com/help/article/2682/jersey-city-njHere is the FAQ for the form:https://www.cityofjerseycity.com/UserFiles/Servers/Server_6189660/Image/City%20Hall/Housing%20Economic%20Development/HousingPreservation/FAQ%20-%201-3-20.pdfThanks and excited to be here!

BTW checkout SCORE review their free courses and find a mentor.

My plan is to get the applications and review them. 

View report
*This link comes directly from our calculators, based on information input by the member who posted.So I have a potential deal, but I am trying to calculate the numbers, and generate the ...

@Tony H.Serious question...and I mean no disrespect by asking this...but if you don't understand the form (and associated tax law) well enough to know why TurboTax is telling you that you received $8k of cash and whether or not it is an error, how do you expect to be able to review the form for accuracy before you file it with the IRS?

View report
*This link comes directly from our calculators, based on information input by the member who posted.

I think at minimum your colleague would have to do a full comparative market analysis, show the Sellers what their property is worth on the open market if advertised property, and have them review the paperwork with their attorney and sign off that they are willing to sell it off market.