Your primary focus should be the people - an amazing cash flow prop can easily turn into a huge anchor if the people you trust to manage it drop the ball, so focus on looking for a team (turnkey or self-assembled) of people that you trust to be with you for the long-haul.

If they didn't do that, they would starve when winter arrives.The Future is VERY important.Another analogy I like to use is to Drive your Investments like an Investment Vehicle.When you look at past Data such as previous Sales, you are looking at the Rear View Mirror of your Investment Vehicle.When you look at current data, such as the current Rents and Expenses to calculate your Current cashflows or your Cash on Cash Return, you are looking at the side view... watching the action go by as it is occurring.When you look through the Windshield of your Investment Vehicle, you are looking at the road ahead.... seeing the path that it is taking you... and all the obstacles in the way.You are less likely to CRASH your investment vehicle by focusing on looking through your Windshield than remaining fixated on the Rear View Mirror or the Side Windows.If the bridge is out and you fail to see the bright red warning signs..... if your eyes are not looking straight through that windshield........ you will Drive your Investment Vehicle into the abyss down below.So please.....

They had not planned on looking, but they accidentally ran across a great property closer to work.

A $500k property that you buy and lose $1k/year on looks pretty good in 30 years when you sell it for $1M, but that's 30 years from now and along the way it just takes money out of your pocket.The short answer is to look for a better deal.

Noticed this alive company owns two houses i drove by and took interest in them working on. Looked

I'll PM you on looking into meeting up for coffee.

Hello to everyone, This is my first post on BP after being a long time on looker from the sidelines.

Then you have something to work on - looking for properties they would buy if the parameters of the deal fit their profile.

Hello @Ryan White, Congrats on looking for deals!

As of now i have not truly considered house hacking since it will be even more expensive than a single family home although, i do plan on looking in to that option.Based off my research in GA to get a 4 unit that will generate 8-9K/year is probably near  the same price (if not higher) as a single family home in Mission Viejo.