@John Cooper find an experienced landlord-tenant attorney for their input and potentially handling your eviction.

They provide diversification and liquidity.1031 Exchange into Syndications or Passive Investments: This keeps you in real estate but shifts the burden of management to others while potentially preserving tax advantages.At the end of the day, peace of mind is priceless.

Maybe you don't know how to differentiate between ordinary maintenance and tenant neglect/abuse?

Set a clear budget, research properties carefully, and keep growth potential in mind as you plan.Good luck!

I would check as best you can before you even contract, but also for sure once you do contract and have the documents in hand.While there are some places for $150,000, there should be relatively few of those any more, certainly in buildings that have long term potential. 

Accepting even a small amount can complicate the eviction process and potentially delay your ability to terminate the lease in court.

Just start.Pick a good area: Look for neighborhoods with potential – something that feels right to you.Think long-term: Are you looking for steady cash flow or hoping for big appreciation down the road?

Many experienced investors adapt by targeting deals with slightly higher percentages up to 75-80% while carefully analyzing potential risks and margins.

That's a potential of 5 - 6 months where the tenant doesn't have to pay me a single dime and will be squatting in my house for free.

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.