I have thoroughly enjoyed the brainstorming and problem solving going back and forth.

Very thorough comment.

If you screen your tenants thoroughly, you will greatly reduce your chances of running into issues.

@Andrea WeuleNot to be a wise ***, but if you search the forum or even Google, you will find very thorough info on the specifics for this.

It's important to do thorough research and work with a knowledgeable real estate agent or financial advisor to mitigate these risks and make informed investment decisions.I hope that my humble answers will help you in your journey.

@Tanner WeaverStart with setting up your investment goals, then get adequate knowledge of real estate and strategies you are planning to apply.Also explore various financing and partnering options.You can start by joining local real estate clubs, attending meetups and connecting with local agents and investors.Do a thorough local market research and analysis.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

They can provide insights, access to listings, and assistance throughout the buying process.Attend real estate networking events, join industry associations, and engage with other investors to expand your network and learn from experienced professionals.Perform Thorough Due Diligence:Conduct a comprehensive analysis of any potential property.

Having a network of experienced investors can be valuable in many ways, including finding deals, getting advice, and learning from their experiences.Market research: Make sure to research the markets you're interested in thoroughly.

It's concise, thorough and easy to read just not good for selling.Also, is there a clause or addendum you use addressing the possibility of the property not appraising for enough when your buyer goes to refi to pay off a balloon and how the parties will continue?

If you do the Property and thorough screening there are many great renters out there.