Finding the ideal tenant is the goal of a long term rental property so being able to screen potential tenants is obviously the key to finding that tenant.Like many that list their own properties, we use the Zillow Ren...

@Rosa Watson, great post, but I will add a few critical bits...1.

Open to criticism as well. 

Liquor liability is critical.

(There is a popular guy on Facebook right now, on a USA tour in fact,  that doesn't teach or worry about that phase, "counting the cost", but to me, it's critical )Then once you know your numbers we have something to look forBecause it's "simple" to buy a house with creative financing, but it's complicated to do it profitablyOnce you sign a lease option to sell, it's a binding contract.So, to be successful you need to know your numbers.Start with how much you are willing to invest up front, consider marketing costs, most properties require some clean up or repairs, add in  holding costs while looking for a buyer, two or three months of expenses and that gives you an idea of how much you'll put into the property up front.Then, with a general idea of that, run the numbers at about 6% interest on the carry back to determine how much that adds to your monthly expense.So, if you can find a property where the seller is willing to do an equity carry back, of say $50,000 (or whatever the excess equity is) at 6% you add that payment to the existing payment to figure out how much you are on the hook for each monthIn a Subject To, (SubTo) that payment has got to be made every month without fail or you face serious problems.

If that’s not possible, getting back to them within 2–3 minutes is critical since most sellers are calling multiple investors.These are just some of the marketing strategies you can use in wholesale real estate, plenty of others work as well.Curious how everyone here is building their lead flow right now.

Organization and coordination are critical to keeping deals on track.

This can provide a faster path to accessing the equity created through your renovation and improved property value.Understanding the difference between these refinance options is critical when planning your BRRR strategy.

All are critical.

A final walkthrough right before closing is critical and if the property condition isn’t as agreed, you can delay closing or request a holdback until it is corrected.