A simple baseline plan might’ve steered him toward properties with more reliable maintenace histories or a stronger neighborhood profile, saving him a lot of sweat.

Our HOA/complex manager has saved my butt more than once when a guest has locked themselves out of the unit and I'm across town or whatever.

Managing the operation myself could save money and provide better control compared to working with out-of-state properties.

I think since it's personal and you're the only owner, I would open a high-yield savings account and get 4-5% on the money.

This is just one example but without some intense research online you may not learn this, but by speaking with someone very knowledgeable in your chosen areas you not only save time but may find even better opportunities.Best of luck!

You have just saved 15 or 30 minutes or whatever time you would have put into analyzing it.

Eliminate debt, establish a budget, and save.

(I guess that's what the $3K to $4K deposit is for)(3) Is it difficult to find private money @ 12% over 5 years to fund these deals?

I have been receiving wrong accommodations and prices because because their personal life background, they were incapable of screening me nonetheless I had good credit and clear profile, they were just discriminating on the basis of their scarce preparation to human situation and so by their presuppositions, that's probably also illegal.You cannot say landlords are to be forgiven because they are doing a needed service, instead it's for that very reason they have to admit their fault and change their way of behave: if a business owner is occupying the market with bad practices and wrong services it's likely they need to leave their place and let others settle in who can operate the business correctly, their even more such of problem if their services is basic, but it's quite absurd it's on me to explain you this.Landlords would have to better understand theirs are affairs on a public market, it's not private or personal matter, and as so they have to behave buy clearly stated rules or face immediate consequences.

The amount you'll save off of the purchase price will be significantly more than what the vacancy will cost.