I'd look at crime rates and I'd also look at multifamily supply projections to see how many units are expected to come online in the next few years. 

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

We use DealCheck to underwire and QuickBooks Online for everything related to accounting and numbers.

To recap: Be extremely cautious with flat fee MLS sites that only refer business to other agents.Bonus PointsYou should also consider the ease of use of the flat fee MLS listing provider, for example, can you complete everything online?

This must be very unfortunate for the investors because they had only sourced 70% debt so 30% of the equity from investors went poof..Re: threat of legal letter, personally I would post that online and say "wow, see the response I finally get"...

Even small, consistent amounts add up over time.Learn & NetworkKeep reading REI books, but also join real estate meetups or online groups like here on BiggerPockets.

Networking Tips: How can I leverage industry events, meetups, and online communities to build relationships with potential investors?

Also looking for best practice guidance on the risk tolerance based on these numbers.

You will get convinced you can do seller finance or sub to, but it's not practical unless you are going to spend all your time doing that.

There are so many misleading "gurus" and advice from others online - that don't make logical sense.Who do you think qualifies for an S8 voucher?