Reviews are relative.

Make use of tools like PropStream or Zillow’s market analysis feature to assess property values and rental potential.PS: Did you know that Indiana has one of the lowest property tax rates in the country, making it a relatively cash-flow-friendly market for new investors?

Partnering is another good way to learn with relatively low risk, however, you will need to pick an experienced, honest partner that you get along with.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I made this mistake when I was starting out - I got excited about the returns of a development deal - but I didn't pay attention to the fact that I needed to be a cash flow investor because I did not have a W2 income, nor did I have sufficient passive income yet.It is critical for investors to understand the relative importance of evaluating the sponsor, alignment of interests and the deal.  

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

Any general advice, particularly for someone who’s relatively new to managing multiple properties, would be incredibly helpful.Thanks in advance for your insights!

That being said, you need to carefully Review Your Documents, Start by reviewing the promissory note and any other documents related to the loan.

Do you ask for full bank statements or only the first page?

It’s relatively simple and, while it does cost money, it’s one of the more cost-effective options.