Originally posted by @David Russell:Hi, im a new investor looking for good areas in Columbus ohio to buy rehab and rent  Like most investments, risk tolerance is one of the first factors to decide on.  

You should drive around the area and judge your risk tolerance . 

@Nidhi SinghMy risk tolerance level would say, yes, get some experience before doing that.Things inevitably go unexpected and what do new people often do when things go unexpectedly? 

Hard to know what direction to point you in until we have some idea of your experience, background, resources and tolerance for frustration.

When it comes to where to invest, there are good deals everywhere, just depends on your budget and risk tolerance.

Is is very easy to reduce or eliminate expesnses as well as risk when renting out a property.As investors we should always be looking into ways to eliminate risk as well as expenses.The first is to find a great not a good attorney a great one to handle evictions.When renting out cover your risks up front with huge deposits.don't rent to anyone your not 100 percent sure will care for the home and at the first sign of nonpayment of rent or not caring for the property give notice follow the rules and evict.If you give an inch to renters they will take a mile.You must not tolerate anything from your renters they are like small childern or puppies, always testing to see what they can get away with.If you let your puppy pee on the rug without punishment then it will get worse every time he gets away with it.If your renter is late serve a three day pay or quit immediately do not delay a minute......show them your serious about following the law and that you know what your doing.

You might have a high tolerance for debt.

The remainder was closing costs.Last night, I had a dream that my credit score dropped by 130 points just because I called WAMU to ask about a Short Sale.My husband's employer will not tolerate receiving phone calls from debt collectors, so I assume we can't do a SS because I feel sure they will call everyone.Our condos are in FL and vacation rental income is dropping, making it more difficult for us to make the payments.

There are two types of people I can't stand;1. people who don't tolerate and accept other nations and cultures2. the Frenchlol. the EU will encompass Europe eventually though.

It is a set of questions designed to find out what their goals are and their tolerance for risk.