I do like the smaller properties because occupancy tends to stay pretty high and consistence and costs generally are low, but I know we are also missing out on the really great returns on some of the larger properties. 

The fact that our house was built before WW I consistently left me in awe whenever I reminded myself of that fact. 

@Jendayi Brandon  I had a tenant who would consistently push things to the edge, I actually had to write in the lease rent was due by close of business on the 5th or he would be charged a late fee.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

My strategy is to invest in markets with strong future appreciation potential and areas where population has been consistently growing with some cash flow.

While a personal account is acceptable, setting up a separate account specifically for rental income can make bookkeeping and tax reporting easier.Regardless of the payment method, always provide tenants with receipts for their rent payments.Keep detailed records of all rental income and expenses for tax purposes.Consider implementing a consistent rent collection policy to avoid confusion and ensure timely payments.Be aware of local laws and regulations regarding rental properties and rent collection in your area.

@Theresa HarrisThat, I will definitely do after consistently hearing same advise from others above.Read all the books.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Buying properties directly takes both a lot of skill and a lot of work, at least if you're going to minimize risk and consistently earn strong returns.