A house you live in is not an investment.

One thing people tend to leave out as a factor in choosing an area to invest in is how favorable the landlord laws are.

Not only do I require that the tenant gets all utilities in their name before move-in, I VERIFY it was done by contacting the utility companies (or by being contacted by the utility companies for those where that is the normal practice).

What part of town are you in? I

I tried searching for this, but the filter button after I search doesn't seem to be working for me.So, now that I have leads coming in, I am trying to categorize them as to what can be done with them.

Within my lease price, BMW covered oil changes, brakes etc.....Coincidently, I wrecked the car about 2 years later...got my car back after repair...drove it for another 6 months and turned it in.. I

I am usually pretty direct about my interest in the home walking in. I

Due to the popularity of the area that the studio is in, I was thinking I could get about 700/mo.

The area you buy in will determine the class of tenants you attract and you are in the business of collecting rents and minimizing all other expenses wherever possible so the area you buy in is crucial. 

At any rate, the Sect. 8/HUD rules would be for IN.  I