Tenants should certainly take responsibility for maintaining the property and promptly informing the landlord of any maintenance concerns.

We don't need sprinklers here, but if we would, I'd either do that or replace the lawn with gravel or something else maintenance free.

I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.

Or just sell it at a loss… I need some guidance here, I know very little about real estate investing other than I know I’ll be losing money after maintenance and paying a property manager.

-------------------------------------------------------------------------------------------------------Recommend 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?

You only need a place to track tenant information, payment history, maintenance, etc.

Your report shows that it would need a bit of a lower purchase price, and I like the numbers you used in comparison (for ex. higher Capex vs rent/maintenance).

Hi BiggerPockets team,I am a rookie US real estate investor searching for financing options for my first deal.Personal ProfileCitizenship: IsraeliI do not have US citizenship or a long-term visa.Investment GoalsLong-term rentals in good B/B+ locationsLow-maintenance propertiesKansas City, MO/KS, or its suburbsI am familiar with what https://lendai.us is offering, but I am trying to find other alternatives.Thank you!

Quote from @Devin James: When running numbers on an investment property, I focus more on equity growth than monthly cash flow.Here’s why:If I can acquire a property at a low basis and add significant value, I can: 1) Sell and reinvest elsewhere 2) Cash-out refinance to recapture my investment.

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.