Here is a quick step by step process that I've used to rent out my properties:-Clean up the place and take a few good pictures-Post it on Craigslist and ask the interested parties to provide you with a paragraph of why they would make an ideal tenant -Select those that catch your eye to an Open House (Sunday afternoons from 1-4 works great in this area)-If there is a party that wants to move forward with renting the place; have them submit an application (search online for rental applications)-Use online services such www.tenantverification.com to run their credit and background check-If everything checks out and everyone is happy with the terms and conditions then sign a lease and set a move-in date. 

And you get the benefit of having over 90 past ones to catch up on.Two Great reads, I bought both J.

And you get the benefit of having over 90 past ones to catch up on.Two Great reads, I bought both J.

I know as a visual person I can catch on fast.

I have networked with several solid contractors and I am waiting until December to close on a solid rehab project to catch those spring buyers.

.• Property laws, taxes and regulations: This is a catch-all category of local/state issues that affect landlords: eviction process and costs, rent controls, state/local income taxes, etc.You should now have a very good idea of what properties rent best and how much they rent for.

Because I did not do so, it took me a while to catch on to what Chris was teaching in his 3 day program.

I may have a chat with one of them to see their take on how this is catching on.

So in the interest of providing a simple answer for a beginner, my suggestion is to finance the properties and I say this for a few reasons. 1) If you qualify for conventional financing the money is very cheap still, so take advantage of that. 2) The loan underwriting, inspection and appraisal process can help a newbie catch problems with the house they might not see themselves, saving you some headaches later on. 3) If you want to rent the property, it needs to be in good shape to attract and keep good paying tenants.

On a positive note, this allows you to also catch them in a lie right off the bat.