Part of that reassurance comes from bringing some experience to the table and a proven track record of investing successfully.

We don’t want to find ourselves as a Jack of all trades and a master of none.

Availability and a whatever-it-takes-whenever mindset is critical too.

So I get this referral from a relative about a tenant who has good credit score, no criminal history, and a good paying job.

i don't recommend buying a random property in a random midwest state for $118K that looks great but actually needs a new furnace, a new roof and a new sewer line, and will crush you with capex and make you sad.hope that helps. 

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

These are professionals with additional training and a stricter code of ethics.

Spacious common areas and a quiet neighborhood.I’m drawn to this tenant group because traveling nurses often make great renters—employed, responsible, and in need of temporary housing.

This motivation lead me and a business partner to start Raise the Standard Property Management.

This will cost money to maintain, cost money to manage leasers, subject you to the will of tenants/leasers should they damage something, should someone get injured, your money will be gone (for now), subject you to the will of the market, interest rates, potential market volatilities.. you will need a lawyer at that amount for sure and a good CPA.