But I'm having trouble finding any properties that I could rent, BRRRR, or flip where I would even break even—let alone clear a profit or cash flow.My question is: When you hear that I'm essentially doing 100% financing, does that make it clear to anyone what strategy would be best?

The 60/30/10 Rule: properties 60 minutes from a city, 30 from attractions, 10 from essentials.

Brought a new construction 2 years ago so did not have any maintenance issues till now,  questions for the experienced folks out there, what are the essential home maintenance need to be done and how often ? 

Here are key steps for effective screening:Application Form: Require the new tenant to fill out a detailed rental application to collect essential information, including employment history, references, and prior landlords.Credit Check: Perform a credit check to assess financial reliability, past payment behavior, and overall financial responsibility.Judgments & Liens: Ensure judgments and liens are included within your report; they are no longer on credit reports.Background Check: Conduct a criminal background check to identify any potential issues that could affect their suitability as a tenant.Income Verification: Confirm that the potential tenant has a stable income and meets your required income-to-rent ratio.By thoroughly screening the potential new tenant, you'll ensure that they are a good fit and reduce risks associated with lease transfers.

As a random FYI, something I've encountered in Southern California: a lot of investors buy delinquent tax/defaulted properties without doing much research and they realize down the line that the property owner didn't necessarily not have the money to pay the taxes, they just essentially abandoned the property due to various things that push down the value, i.e. irregular shape, bad zoning, little or no access, challenging topography, etc.  

However, it's essential to conduct thorough market research and due diligence before investing.What states are you considering for your next investment?

Both essentially meet the 1% rule which on is in the better neighborhood with better schools etc? 

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

The property is located next to our local university and is renting essentially as a 4plex by room.

Hi Everyone,I’m investing in an essentially turnkey (it was a flip) MFH in Woonsocket, RI and wanted to get your take from anyone who has experience in the city.I know the city has a bit of a reputation, but it’s in the Fairmount neighborhood that tends to be quite good.