They can provide steady rental income and tend to be easier to manage than larger complexes.Management: Since real estate investing can require hands-on management, think about whether you want to manage the property yourself or hire a property management company.

Ability to check with referrals - if possible, I like talking to any current hosts or owners they work with. 3.

@Prithvi Raj Sendi I would tend to agree with @Shawn McCormick, he knows his stuff.

Most people tend to go for mid or higher level service when given that choice.

Typically, older assets have higher cap rates, while better locations and new constructions tend to have lower cap rates. 

From experience, a good number of those who apply without viewing the property tend to rush the process and may try to hide disqualifying factors.I recommend sharing your screening criteria and fees with prospects before arranging a showing/applying.

I looked in the forum and there were some old posts about contractor referrals but most of them were 5+ years old and I wasn't able to find half of the names mentioned by googling. 

Happy to give you a referral if you're interested in talking to them.

I've found that when you push back using a logical argument based on evidence, you tend to get blank stares.

While DSCR loans tend to have interest rates a bit higher (generally 0.75% to 1%) than the other two options, which can challenge cash flow, this comes with some advantages that are uniquely suited to the BRRRR method.