This means the crime level shouldn't be high, the median income > $40K - $45K, and there should be enough homeowners in the neighborhood.What else I should care about?

I haven’t heard the story of  the investor who rode the coat tails of a wholesaler to the same level of success but networking and building relationships with wholesalers seems to be prioritized over all others industry participants. 

As an extra level of protection You could try and save up a few months of what the potential mortgage will be to give you peace of mind. 

To be clear, I believe real estate should be owned by an entity but there are other things that are far more critical to protecting yourself personally as well as your real estate assets such as appropriate levels of insurance, well drafted vendor agreements & collecting insurance certificates coupled with understanding how to correctly operate the entity in which you form.

I've been investing in the stock market for 30+ years, but am at the point where I'm ready to diversify more into real estate.I've been lurking on the forums here for quite some time and I am amazed at the value of the posts and level of knowledge that exists here.

On a high level, I would house hack a MFU.

If you pay rent while in Aspen, that housing expense will be factored into your DTI ratio (e.g. total rent paid in 5 months divided by 12 months).You should be prepared for your loan file to go to an underwriting manager for second-level review on account of the occupancy risk associated with your primary home being located so far away from your work.

So, while the news sounds grim, Florida's real estate is still strong—especially in high-demand areas like vacation spots.Let’s keep adapting, and I’m confident things will level out.

With a growing energy and financial industry, Houston continues to attract high-level buyers looking for a balance between urban living and tranquility.Dallas-Fort Worth: The Dallas-Fort Worth region is experiencing a boom in luxury properties.

I am not sure if an attorney review will help with this, specific, basic level of knowledge.Just like an attorney likely won't call out, from a legal perspective, that you are investing with a sponsor who is 23 yrs old and been a residential loan underwriter for 8 months before trying to piece together a syndication.