That way you have a fallback plan if it gets overwhelming. 6.

I would plan for having to put 20%+ down for most deals. 

Quote from @Joe Paasch: I have joined this site to gain important incites, discussions and plans to build a successful portfolio.  

You’d need a clear exit plan and enforceable lease terms to protect your investment.Think about the following:Tenant Risk – Can they truly recover financially, or will you face another eviction situation?

From the start we could tell she hadn't read any of the questions we carefully answered nor reviewed any of the sensitive documents we uploaded during onboarding.

Cash for keys is probably not effective since they don't have anywhere to go [most LL are not likely to rent to them] however, I plan to have that conversation and offer any assistance with moving.Thanks again

With small multi-family, be careful with the neighborhoods in Indy as it is very street by street in some areas.

I do plan to consult my real estate attorney who handled the closing but this is his busiest week of the year, so I definitely don’t want to bug him with something that isn’t extremely urgent until after the New Year.

Our portfolio currently cash flows, but cash flow isn’t our top priority right now since we plan to use this portfolio to supplement our retirement in 12 years when I leave the Army.My biggest challenge is committing to an out-of-state market.

It's not that big of a deal, but it's just another thing to do that Airbnb takes care of for me for a lesser fee.Just my 2 cents.