Active investors absolutely have ability for higher returns, but at some point it does impact your primary job earning power. 

Vacancies, tenant turnover, or non-payment can impact cash flow and delay your plan.Time and Effort: Managing multiple properties, handling rehabs, and dealing with tenants requires significant time, energy, and expertise.

This could impact your leverage / DSCR.

I could care less if someone smokes marijuana but worried it might impact other tenants & future renters.What are my options, if any?

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.

The shorter the prepayment term has an impact on increasing the rate.4.

@Melissa SejourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

That may impact the amount you have listedYour most advantageous route for financing will be seller carry or finding a private lender.

@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.

Studies show good staging does have an impact on your sale.