Many listings are adjusting their asking price at least once while on the market.

He set it into motion. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Then you can depreciate the property and rent it off setting a good chunk of your income with depreciation. 

So the investors returns can never reach a risk adjusted equilibrium ROI.3.

For property security reasons, please send me a photo ID and your number, I'll be happy to call you and set up an appointment after I talk to you and go over a few pre-screen questions.

Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.

First off, of you have capital for the DP or money set aside?

Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market. 

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.