Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

Quote from @Dean Harris: @Mike SferaThis is a great question and one I get from our client base often here in Memphis, TN.

The buyers did a long inspection, multiple days... made a huge request for concessions based on what we knew to be purely made-up issues.

You will want to mail the same area multiple times throughout the year.Phone callsCall your contacts once a quarter to touch base.

- Each Housing Commission sets their own rent rates, based upon market rents for Class C properties in their area.You should be able to find an online list of S8 rents per bedroom for your area.

Covering my bases!

I could do it 2-3 based off cash savings.

Here’s what the list said: Stay at Corporate Job: Consistent paycheckHealthcare$100,000 base payLess pressureQuit Job, Real Estate Full Time: FulfillmentUnlimited earning potentialMake my own scheduleBe my own bossWork from anywhereFocus on building family empireWhen I stepped back and looked at what I was leaving behind, it was crystal clear, I needed to leave my comfort zone.

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances. 

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market.