We've already agreed not to touch high-risk states like my home turf, California – 100% on board with that.

I think your numbers are on, its a profitable play in that leasing risk in good areas is essentially 0.

CoC ROI of a minimum of 20% ... high demand areas to achieve 90%+ occupancy ... something unique about the specific property (location, size, views, etc) ... appropriate regulation with no near term changes for seen. ... potential to value add The best purchases I’ve made are from amateurs trying to self manage and getting their butts kicked...

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

I am looking to open a conversation about the pre-screening for potential tenants.

Sign a representation agreement with him for any potential deals he brings your way, and you both win.

@Eric Andrekopoulos seller finance is not without risk.

In the past I have asked for a higher deposit but I just dont want to deal with any potential non payment issues nor evictions. 

Would you send over the offer terms in a seller-financing contract or send over the potential returns for seller based on analysis?

Tons of SFH with potential separate spaces.