Provide ReferenceHave a multiple active listingsAwards (Top Broker etc..)Clear communicationQuick in respondingKnowledge of area, Different area within cities has different expert agents...Knowledge of local and global economy

Dallas has a powerhouse economy beating national job growth by around 100bps, population growth is around 3 times the national average, it is a business friendly environment that attracts real talent, and it is a pretty affordable market relative to other similar locations in the nation. 

All that said, this is a fairly hot market and a booming economy with plenty of homes in need of rehabs and renters.It's up to you, you could go 25 years with no storm, or get one a week after your first purchase.

I know one of the largest multi family builders on the east coast went under on that business plan due to the economy.

Otherwise aren't you at risk of a  potential cascade affect of mortgage foreclosures if several tenants cannot pay their rent.What is the recommended BRRRR strategy to full-proof your investments, regardless of the economy?

I know a lot of speculation, but if I have multiple exit strategies including possibly holding the property for much longer up to 5-7 years then it may not truly matter; although going in on higher cap may always be better because you have a greater chance of lowering.I don't know, just feel like, I am talking myself into it, buying now.Best time to buy may be brief period when the cap eventually goes high with market crash or adjustment and eventually the interest rates will need to be lowered to revive economy!

I found value through out this book and will likely read it few more times over the year.For this post I want to call out two things.First Ray discusses a time where the economy had rising interest rates, inflation, geopolitical issues, etc etc.

But you’ll work through it.As for Future Assumptions, you’ll have to arrive at those numbers by looking at historical data for your local market and look at where your city’s economy is going.

You'd start to see some real economies of scale and would probably see a better ROE.

We also have a pretty steady economy and a desirable downtown  area!