Prioritize your financial stability.

Ask how they intend to pay for a year or two of rent.I ask for a statement of assets and discuss any red flags or ambiguities with them.

@James WangThere are a lot of different kinds of asset classes.

Building out my portfolio with strategic, secure passively cash-flowing assets to continue to build leveraged equity.

@Abigail KingThe important ones have already been covered by others here but a "real estate adjacent"/financial freedom book I recommend is Retire Young, Retire Rich by Kiyosaki.

The more time you spend on administrative tasks coordinating with multiple service providers, the less time you get to spend on managing your properties, finding new potential investments and increasing your financial returns.Tax strategies and property insurance are two areas that are highly customizable because no two portfolios are identical.

My financial situation is somewhat unique, so I’m sharing the details below in case anyone can provide guidance.1.

Its better to buy assets that will appreciate ( historic ) and be break even or a little negative. 

One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.

Prices there tend to be fairly high so make sure the financials make sense to you.If you're going the townhome route, make sure you fully understand the rules and regulations of that particular community.