Thoroughly research potential properties by examining inspections, financial records, market trends, and legal considerations.

I am determined to do something I am passionate about, and I am working a job that I hate so much, I feel like quitting any day now, although I am thoroughly considering if it would be smart to do so. 

Really helpful and thorough next steps.

I'd be careful with off market and use a great title company if you do that in which I would pay extra to get a hihher level of service for that.Also spend an extra few hundred on the inspection to be more thorough then run it back to the agent with property management experience and hence project management experience in many cases and they could probably give you good repair or rehab numbers. 

@Khu FarWhen embarking on a real estate investment journey, it is important to establish both short-term and long-term goals, conduct thorough research on local markets, explore various investment opportunities, and take into account the possibility of investing out of state.

Keeping thorough records of rental income, expenses, and paperwork is crucial.

We've conducted thorough due diligence, including appraisals and inspections on every property.

It is amazing the cities try to take aim at the landlord ( and of course there are slumlords) but I suggest that most folks on BP that buy into these situations are NOT slumlords but when they encounter the issue you describe which is constant through the asset class they run out of money they get thoroughly discouraged by how this class of tenant lives and acts and just throw up their hands then get labeled as the greedy out of state landlords who wont keep their properties up..

The purchase decision only requires online thorough research, then try to buy in a 401k/ira so you don't have to pay taxes on the Dividends which can be large.

It does not eliminate you doing a thorough background screening.