When any little hiccup comes along that most of us did not financially prepare for we Demand the GuvMint do something, like my stock portfolio dropped 25% today in 10/87, so drop interest rate to Zero, thanks Maestro Greenspan, or again in 3/2000 when Yahoo.com didn't somehow grow into its projected 30 trillion dollar market cap based on its PE of 700, drop rates to Zero and keep 'em there for 22 years except for brief interludes of sanity (inflation got above 2%), or in 2008 when no one with a pension fund in America took any damn responsibility/oversight and gave their retirement funds to crooks to buy whatever ratings agency rubber stamped dogshit inverse synthetic CDO they could get a commission on, then were shocked, laying on their fainting couch clutching their pearls when the financial system reliably imploded, so drop rates to Zero again and start Monetizing/printing the debt, and now with the most predicted pandemic in history, Americans hadn't saved a damn cent so we cried to the GuvMint, send us 7 Trillion dollars now, I need a new Lambo!

People who invest are prepared for those issues.

Do you have the resources to put into the house now to prepare it for being rented? 

Many Goosehead agents are not prepared to deal with owning an insurance agency and don't last long.  

The surprise to the Seller of being expected to pay an "additional" 3% at closing won’t go over well, unless they are prepared in advance and understand why. its called a net sheet every MLS i have seen has one its a simple fill in the blank form .. my wife uses them on every deal and has forever.

If you find yourself second guessing your own preparation or dealing with more difficult topics such as a cost segregation, then it is probably a great time to at least consult with a professional.

Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?

You can google "debt collection" or "debt buyers" to find companies who do this.In general, be prepared to collect pennies on each dollar of debt owed to you.

Do your own research into the market, be prepared, but use an experienced broker that has worked with other investors to located similar properties.Best of luck.

He was after a certain type of investor who was prepared to go on a journey with him and his team, an investor who wanted to build a long-term relationship of trust and commitment.