Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

Of course capex does come into play, but I have a lot of factors on my side including most major components of the property have been replaced already, including roof replaced 2 years ago, water heater replaced 3 years ago, full house was just repiped, septic system is 5 years old, HVAC system replaced in last 7 years, i do not cover appliances with warranty in my rentals, and the tenant I placed in the property is a single dude who works 60 hours a week and just needs a place to sleep.

I see the value in not being overwhelmed because of a failure to properly build a situation with systems and organization.

It requires a lot more work, follow up, and it's necessary to have systems in place to support the tenant vetting, rent collection and creating lease agreements.

I am willing to be dollars to donuts that most of your Section 8 tenants are able-bodied humans intelligent enough to get a job and pay their way through life, but they somehow manage to milk the system.

Then, before buying anything else, make a list of all the learnings you got from this experience, and then list the systems and policies you'll put in place to ensure you never do this again!

Develop a system and checklist.  

Couple of things I looked out for:- Area, make sure it's somewhere that will have stable demand- I stayed away from homes that had a lot of renovations that were needed- During the tour see if you can spot basic issues like if wiring is old or how new is the HVAC system, etc. - If you decide to keep the tenants that are already there see how well they keep the place

These include the expansion of the VIA Metropolitan Transit system, enhancements to the city's fiber optic network, and the development of smart city initiatives.

A prospective tenant may schedule a showing time through our system after being verified.Our system will automatically send a lockbox code to that prospective tenant that's only valid for the scheduled showing time they signed up for and will change after that scheduled period ends.