Best next step: formalize, don’t guessBefore the current lease expires, request one of the following in writing:A short-term lease extension (60–90 days) signed by Catholic CharitiesOr a written guarantee of rent payments during the funding decision periodIf they can’t commit to either, that’s a signal, not an answer.5.

You can see who is trusted in the community and  who does a good job in the timeline they committed to.

I suspect t that will continue.real estate agents are incentivized to market their area.  

And even if you're going to self-manage, I'd add something to the Management Fees.For the loan, did the bank commit to a loan of 80% LTV?

So once a deal looks good at first glance the next step in the process is to send over the complete rent rolls and the T-12s for a deeper look.

I'd like to see the whole deal broken down from start to finish'.I would want to see that before I even commit to a meeting.Beyond that, do wider due diligence on all parties involved.

For three SFRs, you're looking at ~$1,600 vs $6-9k with traditional firms, and you'll still get 25-35% of your basis accelerated into year 1.Whatever you choose, make sure your CPA reviews the methodology before you commit.

require a lot more time commitment, effort, knowledge, experience and “tenacity” to pull off.  

@Melissa GraysonHi Melissa, without a commitment from the current tenant I would market the property for when the lease expires and if it is available they can extend. 

Quote from @Henry T.: I use a drafter.