Buy your Aunt out first 

Buying a new one, changing tactics to LTRs, etc etc.

Generic replacement parts that fit American Standard can be found anywhere.Don't buy the cheap $90 toilets.

@Josh Smith just like any rental property you buy, manage, rehab, etc. nobody cares as much about your bottom line as you do.

For example, this investor that I met recently said not to buy properties at tax auction for 100+ different reasons.

We have looked at these loans in the past that they did have but decided against buying because they did not fit our buy box but there are investors out there who would buy whatever is left of their assets. 

@Thomas FarrellRecommend 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?

I’m passionate about learning and improving my process to provide real value to investors, whether you’re focused on fix-and-flip, buy-and-hold, or any other strategy.Looking forward to your thoughts and insights!

I am currently an Asset Manager for Multifamily Deals as my W-2 job and looking to buying my first deal in College Station/Bryan Area.Anyone I can connect with to pick their brain on different investing strategies? 

Search for and buy a bad roof.