The living condition is terrible as the apartment is poorly maintained by tenant and poorly managed by landlord [seller].

Build a strong team with experienced lenders, real estate agents, and property managers, and educate yourself through books and podcasts.

My manager is largely responsible for that. 

I would focus on coaching that helps you become a local expert and build relationships with sellers, not try all the BS marketing techniques.

I am a broker and property manager here in Clarksville, TN.

As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations.

The biggest lesson learned was managing stress.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.

I am just a beginner wholesaler so I haven't done much marketing/lead management yet.