Older homes will typically have systems that are out of date - even if only partially. 

The way I finally found success was through repetition and then building systems as you repeat to help you scale...

There's lots of opportunities in developing neighborhoods, but also seems a bit saturated at the moment.Also, definitely budget security (remote control cameras, alarm system, etc.) for your properties, as there are a lot of people who occupy themselves by breaking into houses and stealing anything they can sell.Lastly, there are a ton of contractors looking for a quick buck.

Same with a refrigerator replacement, HVAC system repairs, etc.So, I am back to echoing Jaycee: first, don't be discouraged because someone else says to avoid a part of town.  

Get a maintenance contract on your hard systems that feature 2x a year service.

We share best management practices, systems & tools, and our networks.

We assign a point system to our applicants.

The right team should have every system in place for you to be able to go from novice investor to experienced investor after one deal.  

Since 2022, rents tracked through the MLS system for the Charlotte Metro area have steadily dropped.90 Days of InventoryWe currently have 90 days of inventory on the market, a trend that’s persisted for five consecutive months.

The members here on BP that talk about STR auto-run systems didn't install those systems and find dependable cleaners & handymen overnight.