ROI is important but I also want to avoid unnecessary headaches so looking for at least a B-/C+ area. 

Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy

Certainly, one, as a lender holds most sway PRIOR to issuing a loan, where one can impose/require all of these safeguards. 

Just to be equally critical of both parties, and make everyone mad, here are two examples: - Imposing tariffs on China absolutely contributes to inflation in many consumer goods. - Giving first time homebuyers $25,000 absolutely contributes to housing price inflationGetting some conservatives running for office to change their mind on the first point ain't gonna happen.

I advise they take it up with their bank and make sure they tell the bank the costs they have incurred.Surprisingly good tenants always seem to take it in stride and the PITA tenants always get upset when I impose a fee.

That means not traveling unless necessary, less going out to eat/drinking and avoiding unnecessary expenses of all types till your HELOC and CC debt is close to nothing.

I had to rely on my new real estate agent to find another contractor, adding unnecessary stress to the process.The deal I was presented with had an ARV of $120,000, but after the rehab, the appraisal came in at only $92,000, leaving me short by $28,000.

Talk about unnecessary confusion for me and for the tenants to undo the mess. 

I'm tried of paying the unnecessary CAR/NAR fees 

I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendations of other companies that can help setup this structure for houses outside of WY.Thanks in advance**I am NOT looking for comments on why this is useless, unnecessary etc.