Card operated Laundry - There are card systems available, where tenants load the card at your office or online (requires internet connection, payment gateway).

I went to law depot online and one of the clauses specifically said "assignability" and it states:" The buyer may not assign this agreement without the seller's written consent.

Basic pointers I'd recommend is to start looking online at your own market as you're learning the concepts to compare them with your market, and get involved with an investors association down there - If I could it would be my first stop in deciding if REI was the right place for me.Welcome to the community Aaron!

What I do is buy and sell websites / online businesses online.

There's so much to learn about this industry.Yes there is, and you can begin by checking out a free course on line, the agency relationships are explained.

There are online mortgage calculators or you can build an excel spreadsheet.  

Hopefully you bought a property that will attract better tenant than you just got rid of I saw on line yesterday a neat device it has a strong pulsing light followed by military grade pepper spray.. and ergonomically built so joggers can hold it while they jog.

. $20 or less for an online credit report is worth it's weight, and more, in gold.

For the Valley example, the 2016 new rentals coming online are 3100 and almost 4 times 2015.

In terms of hiring a property manager, many property managers are fine managing just 1 property (and since you typically pay a percentage of rent it really shouldn't matter to you).If you want to manage it yourself there are a handful of online landlord / property management software's you could use and access your account anywhere with internet access.You will still need someone (either a friend, or, at a minimum, vendors) you can count on locally to deal with any issues that arise when you are out-of-town.