I'd also love to hear about your journey in real estate and how you got started.To be clear, I’m not seeking funding, employment, or any commitments from you.

You need to search for properties near your subject property deal that look like and have the same size as your end result aka a comp aka a comparable.Any quality agent can run your comparable market analysis (CMA), and over time, with practice, you can run your own comps. 

@Jennifer TaylorYou can create a new LLC, a new IRS Employer Identification Number and open a new bank account just for the cottage.

@Brent CoombsThe issue I have is that when people keep saying they’re going to employ the strategy or show any interest you keep jumping in and saying “why would you get out of your low interest mortgage?”  

some good examples here already but would add minimum loan size / property value I see a lot, unfortunately have to turn away a lot of people (esp. those just starting out) because their budget is too low and the property doesn't have enough value juice to make it worth it as a lender (plus more risky)

The local store may have a limited selection but you can find more sizes and options on their website.The tenant may very well trash them, but they are inexpensive and can easily be replaced with the deposit.

And, residents need employment; otherwise, units are full but some can't pay.In many markets, there's a pretty large jump from C to D class...and in most markets, D class takes very hands on, local management.

Hi Jason,Depending on the property size there is different software.

Only occasional weeds the size of people. 

Most are going to screen for: lowest priced, top listed on Google (many top listed PMs in your local area pay to be sponsored, so their actual listing is much lower), volume or size of business, and those who are willing to break their own processes to simply tell you what you want to hear (e.g., I'll list your property $300 above the AVG even though the CMA shows that's overpriced and I won't tell you that it's going to sit vacant).