You already have the ball rolling so I guess that you need to hope that you bought well (equity in the deal) and having a very capable boots on the ground is the most critical factor if the whole thing is going to work.1.

Once I have a contract on a property I'm purchasing I usually have them supply me a key.  

Hi all - does anyone know of a list service that supplies non-owner-occupied properties, that doesn't cost an arm and a leg?

However, 1 bedroom properties, especially if you don't have laundry capabilities spell very temporary tenants.  

Attorney's and CPA's are both capable of doing the paperwork and filing for you, although you need to sign unless they have Power of Attorney.

At that point, find a partner in some capacity who supplies what you lack, and go start knocking down deals.

The connection isn't only from the direction of the DP to the Cash Flow...it works both ways, and it's that 2nd direction this is usually missed...and is the most important.The cost of the property to you is what you pay out of pocket...not the Purchase price plus interest, since the tenant is supplying the funds (rent) to pay the mortgage payment. 

There just isn’t a cheaper place to live and there is no new supply in the pipelineThat being said we have only seen rents go one direction for a decade.  

-Total dollar volume increased 12.8 percent to $3.1 billion;-The single-family home median price rose 2.2 percent to $250,000, achieving a July high;-The single-family home average price was up 2.2 percent to $312,727 – also a record high for a July;-Single-family homes months of inventory reached a 4.3-months supply, up from 4.1 months last July and just slightly below the 4.4-months supply reached in June.

It could be a $400 suit supply suit.