And the fact that it's a pain in the butt is what makes sifting through all that garbage so profitable. 

Susan - I feel your pain!

To give you an idea of how we approach it, we assume the worst-case scenario right from the start is 9-12 months of no rent, $5,000 in legal fees, and an additional $5,000 in expenses to deal with moving their stuff, putting it in storage, and dealing with health code violations or NOV's from the city during the process. 

I did a loan assumption that is currently a GIANT pain in the ***.

have a rental next door to your SFH would likely mean being next to a delapidate SFH.The aids health foundation has spent over $40m trying to get this to pass.  

Before buying or renting in an unfamiliar neighborhood, you should check the following two sites: SpotCrime, AreaVibes,These sites provide valuable information, including Livability Scores, which cover aspects such as crime rates, employment, health, housing, schools, shopping, and more.well, anything can happen anywhere.

At that time, i will have the knowledge and network to expand and build my portfolio at an increasing speed and then it will be part of my growing pains for my business.I will most likely have that CPA do my returns for the real estate and then have my Tax Accountant still do my Personal, helps with Checks and Balance and cost savings.Do you have cost segregation, or anything like that on any of your properties?  

Since you have built a lot of them, could you spare 15 min to share your perspective on the main pain points of land discovery?

I also am planning to meet with my PM on Monday to discuss pain points and better expectations, I would love to hear what sort of expectations you set with property managers?

I missed a lot of flaws in that house and I had some painful years as a result.