Each deal comes with a different set of surprises even for the most experienced operators.Take your time and don't rush it. 

To avoid that, set a firm, realistic budget from the beginning and make sure you stick to it.

Currently being leased, but expect my total cash on cash return to be above the number I target.

If they pay earlier than their set up date, unnecessary emails stating payments need to be set up go out.

If you buy in a prime location with desirable amenities, you’re setting yourself up for steady income and long-term growth.

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I’m currently targeting properties in the $200K–$500K range, depending on the location and potential cash flow.

Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

In either case, the longer a property remains on the market, the more motivated the seller often becomes to offload it.Savvy buyers understand this and often target properties that have been listed for three months or more.