To start your journey, I recommend focusing on building your network by joining meetups and engaging in online forums, while narrowing down your first investment based on your budget, market, and goals.

To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.

The amount of downpayment requirement insures buyers having "skin in the game". 

I can't name a single state that requires the disclosure of insurance claims.

@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.

You are required to vacate the home before 5:00 PM on December 31, 2024.

Don’t let these companies confuse you into thinking they are required.

What you need to do is figure out what the set backs are that are required, and see what you can do.

I would recommend that they invest in an inexpensive 'white noise' machine to help muffle the sound but that no property is completely sound proof and the upstairs tenants are well-aware of their concerns and are respectful.Always 'entertaining,' huh?

If you’ve worked with trustworthy contractors or subcontractors in the Jackson County/MO area (especially those familiar with investment properties), I’d love your recommendations.