You would think that section 8 would work closely with landlords, but they have no system in place presently would help to manage and retain tenants.

JeffCongrats on the future acqusition.Consider Zillow and Trulia-end users have access look at new listings that don't have an MLS #Expired listings-call see if they want to sell for cash quickly.FSBO-check for motivated sellers.Go to local landlord Association Meetings, look for motivated sellers.Look for opportunities for Niche or Specialized Housing.

Funny how the tenant that "always pays early" tells you last landlord was great because he worked with her a few days here and there.or"I didn't say anything during teh inspection but the sink squirts water when the dishwasher is running, most goes in the sink, but some under and here is the vinyl that the prior landlord put over the water damage.But all in all everything in great condition minor repairs necessary and a good group of long term tenants.Thanks for all the advice.

.: The correct way to have a tenant lease structured is to have the lease in the name of the tenant and the landlord/property manager.

If you want to be a landlord I suggest you use more of that cash flow and buy down your easy purchases, you need to balance the future amount to finance at a higher rate (like 8 to 10%) so your payment obligation won't shoot up on you.

This is a great time to start a landlording business.

I have the option of going with a landlord policy with $1M in liability coverage.

I'd like to invite you to read my post on Beginner Basics here on BiggerPockets - http://www.biggerpockets.com/renewsblog/2013/02/26/beginner-business-basics/Two of the greatest places for you to learn about investing and about your local market is at your local real estate investor meetings (which you can find at www.NationalREIA.com) and your local landlord association meetings.I always recommend a w2 job to pay the bills until your real estate business is doing well enough to take over.

Hi Collin:Check out my post here on BiggerPockets about Beginner Basics. http://www.biggerpockets.com/renewsblog/2013/02/26/beginner-business-basics/Best place to learn is your local real estate investor groups which you can find here: www.NationalREIA.com, and your local landlords association meetings.

Mine requires that they: give the landlord all copies of keys and opening devices (i.e. garage door remotes); completely vacate the premises and surrender property to landlord; clean and deliver premises to landlord; remove all debris; give written notice to landlord of tenant's forwarding address; etc.