Perhaps you can find a seller who will agree to a deal that give them their "equity" now...but leaves their mortgage in place for a 12 months or so (just until you can bring the house up to conventional lending standards.)  

Doing this strategy on your own properties is much safer and a profitable alternative to the standard rental. 

User does not need any digits expect for the ones used to push the door bell (pun intended).Low tech option - put a standard lockbox on the door.

I just don't see a few hundred dollars as exciting, especially if you're putting up big $$ for a new construction.. think about it, if it's just a washer or dryer that need to be fixed, or new coat of paint, make sure to look at houses from a renters standard--not your own.  

Dear Franchot:  In Colorado the State Division of Real Estate has, on their website, standard notes and deeds of trust for use by colorado real estate brokers.  

Is a 10% ROI typically achievable in the Denver area or should I start to lower my standard to around 7% or 8%.

I say this because 1-2% appreciation is pretty standard in this tertiary market.Other than that, I'm not sure why you'd invest in any of the Texas metro areas due to its coastal nature.

Yes, it had a disclaimer, your standard MLS T&C`s.

@Valerie King, I think you'll find that most residential leases for the kinds of properties you're looking into will be pretty standard.  

- I have been told it is easier on sellers to use a standard real estate purchase agreement from office depot as it is not intimidating to sellers and it makes them more comfortable, what are your thoughts?