Analyze Rental Comps & Market Trends•Look at recent rental comps in the community—not just those from a year ago, but the most recent listings with similar size, layout, and features.

I also helped my mother get 2 rentals to help supplement her retirement, mistake #1b.

It helps a lot with networking on here.Other than that, be a sponge and soak up as much content to learn the game.

And it could take even longer than 6-12 months to find a replacement depending on the area.The other things to look at carefully are major Capex or maintenance expenses - you didn't mention whether this was a NNN lease.

It happens, which is why I'm posting this story so others can learn from my experience.  

Most lenders won't require an application fee and should be able to clearly lay out their financing costs, cash to close, and projected profitability for you.I hope this helps.

Hey all,My name is Tony, I'm 35, just started actively pursuing financial independence and have been really hammering away at learning everything I can.

Multi family can range from about $60k-$125k/unit.

Quote from @Tom E.: @Owen Rosen I'm in WA as is STR Do you have an agent? 

Quote from @Stone Safaie: Hey BP community,I’m fairly new to real estate and interested in investing in 50+ unit properties.