Its the training part, but also a LOT of other steps: verify pay stubs, copy ID or drivers license, hand over keys, do property orientation (going over how to rest a GFCI, turn off water, change HVAC filter etc etc) and collect sedurity deposit and first month rent

Getting six months of reserves saved was key for my wife & I before purchasing our primary residence.

I usually start with one key person often the PM or someone on the ground and let their referrals guide the rest of the lineup.

Once someone takes possession under a Subject-To deal, they aren’t treated like a typical “buyer” for eviction purposes, they’re treated based on whatever agreement you put in place.A few key points:1.

One of the key takeaways is the "This suggests that as capital markets normalize, mortgage rates could decline by another 50 to 75 basis points, relative to the 10-year Treasury yield."

I'm sure they are very keyed in there if they still live there.One thing I would also caution on is rehabbing 2 hours away. 

Are you looking for turn-key properties or something along the lines of a "fixer upper"?

The report highlights Houston’s internationally diverse population, major corporate presence and status as home to the world’s largest medical complex as the key contributors to its global standing.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

In my experience managing properties here in OKC, clear communication with the tenant is key; keeping your tenant informed can help ease the transition.