Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.

You've put yourself in a great position to capture both appreciation and increase in rents simultaneously, which is a great place to be.

The more rational you are, the better the outcome.Practice and LearnLike any skill, negotiation improves with practice.

The one with evidence wins.As always, @Nathan Gesner coming through with the most solid and practical advice.If you have issues with your PM, be very direct and state your case.

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

In Phoenix, a 1996 build is practically brand new when compared to a WWI-era home in Cleveland or Pittsburgh or some other Midwest or East coast city.While I agree that older homes come with more problems, buying something newer may not work as the price will be higher and won't cash flow as well.I'm of the mindset to buy what fits your budget and investment goals.

In the thread of a conversation, statements may be made that are fine within the context of the conversation, but may not reflect well or accurately when the snippet arises within a search engine or other index tool.There may also be information that I/we are happy to share with the BP community, but not necessarily with the Internet-at-large, especially any details about our specific properties or business practices and processes.

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

It's best practice to interview several candidates.