If they are behind on credit card payments but paying rent, as a landlord, I don't really care.The one thing I do look for is judgements against them.

I would say that 90% of your success in being a landlord is how you are as a property manager.

She has been renting it out since 2007 and has had bad experiences with tenants, so she wants to sell and get out of the landlording business.I've comped the house, using 13 properties within a half mile that have sold within the last year.

You can pretty much learn those from reading on this site.If there are investment clubs or landlord meetings in your chosen areas attending meetings would be a very wise idea.Good luck with your investments.

Mike Batir:Welcome to the forum.I suggest that you spend some time, reading the following:http://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issueshttp://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-ruleRaymond

They are literally discussing selling hundreds and hundreds to a single buyer/landlord in specific markets.

You have multi-year landlord experience, so assuming you have documented positive cash flow on the property, that would be a possibility.

The step rail isn't moving anywhere now.Make sure if you add a grab bar next to the washer dryer it is not in a location where a child or an adult could bang their head against it.Also make sure it hits the stud and you don't use cheap wood or drywall screws where the head will break off from the weight.Yes being heavy is not the fault of the landlord however dealing with the issue upfront is better than a bigger problem later.

First year as a landlord we tried it out and was a big waste of time.

As we see here, there are risks beyond just getting into a house and having to take on responsibilities the landlord used to handle.