Need to reach out to the current PM and get started collecting this information.Lease Agreement –Resident Contact Information – Names, number of occupants, email addresses, and phone numbers.Current Ledger – A detailed record of the resident’s payment history and any outstanding balances.Notices or Correspondence – Any relevant notices sent to the resident, including renewal offers or warnings.Security Deposit Information – Details on the security deposit amount and its transfer.Resident Status – Whether the resident is current, up for renewal, delinquent, or in the process of eviction.Maintenance History – A record of recent maintenance requests and any ongoing issues.Utility Information – Any utilities billed through the landlord, including provider details and current status.Keys, Remotes, and Access Codes – Physical and electronic access to the property, such as keys, garage remotes, and gate codes.

What is the property zoned as?

The previous owners where not living on the property, however my husband and I will be living in the vacant home.

They also look for motivated sellers, foreclosures, and off-market properties—this is when some of the best deals show up.For your strategy—since you're scaling flips and just bought a home—you’ll want to stay lean.

Are you that uncomfortable with the property that it has a chance of bankruptcy? 

I am targeting any multi family under 30 units as I think there is less competition in this unit count.Also, I am always interested in single family properties that need remodel or can be redeveloped. 

Rebecca,If the property has 0 balance and the property value is there.

Over time people will start using you to sell their properties once built relationships and also give you referrals. 

Quote from @Jacqueline Pino: Hi, I am a returning Pro member,I obtained a property in Florida and I am renting it out. 

I am new to the REI world and my husband and I's goal is to invest in a property by the end of the year and use as a STR.