I use the DISCERN method to look at locations and do a yes no in 30 seconds.

There is no information in there to help us help you.If you don't know anything about house flipping or real estate, go to every meetup in your area for six months and never miss one.

Here are a few I can think of:Make sure you have right of entry and inspections No other occupantsNo pets unless discussedmust keep on utilities at all timesmust change A/c filter monthly unless you are doing soMake sure you have a late fee policyNo additions or alterations to the propertyMust maintain renters insurance

Hi Ali, The good news is because you have experience there are loan products designed especially for investors that require NO personal income or tax returns.

By nothing I mean no damage to the unit, rent on time, and good communication. 

If you choose to self operate, it is a lot of work no doubt, but some people enjoy it.

Quote from @Heather Little: 1) Communicating with property mangers on tenant issues, vacancies, etc. 2) Listening to/Attending Webinars regarding real estate investing3) Driving for dollars4) Searching MLS and online for on-market deals5) Working on the business's social media accounts 6) Posting and reading through real estate forums (Such as this one) for real estate purposes (finding deals, educational purposes, etc.)1 - yes2 - no3 - maybe if reasonable and resulted in purchase4 - maybe if reasonable and resulted in purchase5 - no6 - no 

I've seen lots of DIY cabinet jobs that are awful too- wrong paint, no prep in the interest of saving a few bucks.

I am closing on a house and family member of the owner is living there, who has no lease, or should be in the house once I close.

The salon owner is looking to retire in a few years and she has no ambition to purchase the building, So the owner has asked me if i was interested in buying the whole building.