They will leave the place filthy and walk away from their $750 deposit because it's the cheaper, easier option.Landlords need to set rules, inspect regularly, and enforce the rules.

This single trick allowed me to exponentially save into my next real estate deal and so on and so forth.I also agree with @Steve Vaughan's sentiment above.... agree with about 99% of Remit's advice EXCEPT him saying that renting is cheaper than buying. 

I can certainly tell you how to do it for cheaper than that.

LPG is top notch.I'd say they are better than us.You probably could have bought cheaper mate.Just my opinion.Speak to LPG on the rent but again, they are top notch and know what they are doing.We like keeping 2 bedders around $800pm max for less turnover.$995 is great rent but you also don't want to evict if tenants can't pay because turnover costs can kill the ROI.Just my opinion 

Newbie here to the real estate investing world, but really eager to get my feet wet.I currently live in San Jose, but am deciding to move to a cheaper location where I can get my first property.

These places are closer, cheaper and the beaches (and land) are nicer.

Indiana is a bit cheaper, so let's say $8M25% downpayment on $8M of real estate is $2M of equity needed to make this happen.All of this to say: real estate is a fantastic vehicle to provide cashflow, but it takes:-a significant amount of properties -a significant amount of equity Both of those also take a significant amount of timeHang in there, you can do this, and wishing you all the best!

There are only a few large city markets were buying is currently cheaper than renting.  

Often when the pre-fab builds are cheaper they come without the longevity and quality of a traditional build.

Forget about cash flow with this type of asset, the cheaper you go, the worse it is.