Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.

Also look at pricing softwares and adjust accordingly.

Speed, speed, speed.

Quote from @Lionel Quiambao:  ... and maybe throw in the option for the tenant for more speed at an increased rent to cover the additional payment. 

@Lionel Quiambao I find that the most basic speed offering works fine in my units.

Hello Trying to get back on the real estate investing space and build new connections that can help me to speed up the process.

Speed of building a portfolio (Cash-on-Cash return is a factor here)?

Here are some top amenities that have proven to offer excellent ROI:High-Speed Wi-Fi: This is essential for both leisure and business travelers, especially in today’s remote work culture.

In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly. 

As a former adjuster and fellow Dallas investor, I’ve seen this often.