The rehab was extensive, and it turned out great.

I have read extensively here about building out your real estate team in terms of who and why.

I have seen significant appreciation of rents and property values so I have earned equity as well as seen additional positive cash flow.Proper management makes the tenants pay for damages so that also helps keep my expenses down.Tenant selection is the most critical component of property management.

@Matt Welch I can help you find a qualified tenant via listing it on the mls, as well as our extensive marketing campaigns.

I wouldn't want to be in negative cash flow on this deal..Extensive repairs could be a nightmare..

I'm currently an operational strategist for a large financial services company in SE PA and am planning to begin investing in real estate in the near future.I'm a big fan of "transformation" having extensively renovated my own homes over the years.

Initialy this will all just go to me to contact the correct person but down the road I would like to make it so that the tenant selects what type of repair is needed, tells the issue and then when they submit the repair request a WO goes to the correct repair person, ie the plumber, electrician, handyman, me ect. 

Alternately, you can take a look at the list of 10 top companies selected based on user ratings.http://www.homewarrantyreviews.com/top-10-companies

I've found half the battle of selecting an applicant is avoiding drama and problems.  

We can argue whether or not how precisely the "Pit Bull" breed can be determined but lets not forget their selective breeding for Bull Baiting and fighting.