Always be prepared to walk away.For some this is too much, for others this is just part of the game.

Initially signed up for property management for few months before I'm mentally prepared to start self-managing.

Right now, I am reading everything I can and preparing for my next research trip to North Carolina.

I have them all replaced. 2. curtains/drapes are stained with food and whatever red, purple color. 3.

If it's not transportation, housing, or food, don't spend a dime on it. 

@Jay HinrichsReminds me of the cereal companies creating the nutrition / food pyramid.Of course they are gonna have an opinionated pieceI agree in vacation / beach areas they are great but once you start getting into true residential neighborhoods I can see them being very problematic

- Are the markets likely to experience the most rent and price growth going forward likely to be:     - Markets with the lowest supply coming online    - Markets with the best schools    - Markets with the lowest crimeAnyways - food for thought!

What actions are some taking to prepare for change in the upcoming months?

Honestly investor friendly anything is like the RE version of "organic" [insert food product]. 

Builders and developers are increasingly turning to leasing as an alternative when they cannot sell homes at their desired price points.To succeed in this market, sellers need to be realistic about pricing and be prepared to make concessions.