Rental history of 8 months is not sufficient.

As defined by the SEC as: “have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment.”

After I bought the property, I removed (without filing for a permit) 2 large pine trees that were growing extremely close to the property (like: trunks being 6 inches from touching the house - dropping huge quantities of needles and branches on the roof and doing who knows what damage to the foundation).  

Become a known quantity and "part" of the community you're looking to buy in.2) Most of the best land deals are pocket listings, IE they never hit the MLS or other website.

@Peter ZimmerWhen you own just a few properties, dedicated accounts work fine and are sufficient.

Quality over quantity is my bias opinion.

That way you won't spend time and money doing things that may not be necessary or sufficient to address the insurers requirement.

@John HuynhHey John, assuming you’re going to live in the property, there’s the fha loan like you mentioned but it is very difficult for you to get approval on a 3-4 unit due to the self-sufficiency test.

Just be aware of the FHA self sufficiency test.

Not getting into a political debate of which state made the correct choices/risks, just saying the red states have had lower quantity of job loss than the blue states (led my NY and california on a percentage basis).