This should include down payment, closing costs, potential rehab costs, and a reserve for unexpected expenses.Market Research:Choose a Market: Decide on a market where you want to invest.

It's essential to stay adaptable, continuously learn, and improve your underwriting process to avoid surprises and maximize financing opportunities.In summary, evaluating deals requires a deep understanding of underwriting templates and loan types.

I'm a bit surprised - if I were the underwriter I would see both the landlord and tenants as a higher risk if there's no screening.

And if they are looking for a one bedroom or two bedroom, they will be pleasantly surprised at the extra room. 

As an agent and real estate investor, I’m surprised that more people haven’t been talking about this.

The Philly office has it down to a science, so I'm not surprised you had such a great experience. 

One more should not be a surprise.  

Should not be a surprise to any party.

This helps in planning and ensures you’re prepared for unexpected costs.Consult with Your CPA Regularly: Have periodic check-ins with your CPA to review your financial strategy, tax planning, and any changes in tax laws that might affect your investments.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!