The goal is to start getting your land-lording processes into place--how will you advertise, how will you screen, how will you collect rent, how will you deal with maintenance, who are you going to use as a lender, what is your process for bookkeeping and taxes.   

It's not common that loans in good standing are called due, but it does happen, regardless of what people tell you.

It is common for most OOS investors to invest in the midwest.

It seems like gripes with PM companies have been a common theme lately.

Then it is going to be a tsunami of sellers and a bunch of idiots on the news crying that they got ripped off by much smarter people who at some point will decide they've made enough money off the commoners that it is time to dump it.

When you are purchasing a multifamily property, the seller will be advertising the property performs at a certain cap rate.

@Mark CruseWell, most of what you is somewhat common sense.

Is this a common theme?

And even IF there are violations leading to enforcement, the most common type of enforcement action in these violations is that the accused doesn’t admit to any wrongdoing but agrees to never do it again, LOL.  

I am planning to convert the living room in the property to bedrooms and want to use the garage as common space (have a pool table or a Foosball table, a couch etc).