I have a personal rule I call the "75% Rule"...If a large/capital expense is being consider, I'll determine if the item is past 75% of its typical useful life -- if so, I replace it.

And also that may be one item to think of, what happens if you have to leave  and who will handle the place (ie outside local management)....

Get an item of value into each of their hands every 3 months (small gift).I am also a proponent of geographical farming.  

Question  one refers to the fact that every time you flip renters you're going to have to refinish the floor.

However, they mentioned two concepts that stuck out to me in reference to getting started and that is: wholesaling and Cash Buyers and being able to do real estate with no money and not so good credit.

I was recently watching a youtube video where a man claimed that statistics showed that 85% of good deals real estate deals came from personal or individual references, due to having buisness popularity or a great network.

Then cross reference the name of the purchaser.

Sherry Benge please refer me to an agent , I can't understand why I'm over paying and owner occupying

As mentioned screening is critical make sure you are doing back ground checks, reference checks and income verification.

We don't have the credit and we don't have a large sum of money available either so I think we're just stuck untill we get one of those key items.