I highly encourage everyone to view the property before putting money down, but that's not ideal for many of them, so I do allow them to rent "sight unseen," but I am very open with them to ensure they don't show up and back out.1.

The high end rental properties can be a different animal than your run of the mill $2,500 month rental both in terms of upkeep and demand.

Cleveland is great for that high cash-flow.

If you meet that requirement, I highly recommend it. 

., Richmond, and Detroit led rent increases, while Austin and Raleigh saw year-over-year declines due to high supply.

I would highly encourage paying a GC to walk deals out the gate, have them give a scope of work so you can see what items costs.

Underwriting is highly overrated by new investors.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

People with high risk tolerance will have a far different answer than someone who is risk averse. 

I would also highly recommend you set some parameters when thinking about working with non-accredited investors or if you are one and want to invest on a large deal.