I know many investors that do great with SFRs.One huge benefit is that you can offload ALL expenses, like lawn care, snow removal, and all utilities.

Be careful who you use contractors will take advantage of you once they find out their working on a rental property.650 sounds like you can definitely raise rent.

Gross Income: $20,400Annual Expenses: $13,988.40Annual Cash Flow: $6,411.60Annual expenses, include- water, lawn care, capex, property manager, maintenance, vacancy, Insurance, taxes. 

I have an applicant with the following application credentials:550 credit score, two bankruptcies, a foreclosure, moved 3 different times in 2017  Now on the upside:No debt (that seems obvious), earns a good salary, been on the job for 25 years, lives alone, no pets.This person once took care of other family members and no longer has anyone to take care of anymore.

I would be careful on playing hardball, as sometimes it might cost you way more than 2 days.

There will be some damage to the door stop as the blade passes through, but it will be minimal if you're careful. 

The key in or out of state is to have a strategy where someone else takes care of all the work and you collect passive income.

I also don’t particularly care to have my personal residence as my brokerage business address.

Carefully Screen Tenants7. 

There is some updates that need to be taken care of like flooring and paint to get top value based on other sales in the neighborhood in the 170-175k range.