)  - 60K in cash for downpayment +more for renovations- Strong local connections with contractors of all trades - Ability to get building materials at cost through family/business connections- Have a strong eye for style and design (Tends to lean on the high end of things as that is my business)  - 750+ Credit.

A few in particular are studio style.

Understand any obligations, rules, or peculiarities that might affect your management style or investment strategy.Condition of the Property: Ensure you know the current state of the property.

Depends on so many factors: - What it yields- What you're trying to achieve- What headache factors you're willing or not willing to have - What tax implications come from selling (and if you have to replace your debt in a 1031 exchange)With 1.7-1.9mil that would be a 6-10 unit out here in Reno, NV that with cash could produce probably a 6-7 cap with upsides in rents. 

Criteria used was half a mile radius, less than 360 days old, same bed and bath size and similar look/style and sqft.The property delivered 3% returns and my office manager Lonna is great, but I am not (Even tho Lonna and Engelo work side by side for 8+ years now and are 100% in sync on everything).

. :)Likewise, on exit, I like to see the achieved cashflow and IRR.

With the level of competition right now I don't see any turn key style properties that fit my investment criteria on the mls anymore.Look for properties that have sat 3-6 months and figure out why.

In short, to achieve and maintain financial freedom.

I have suggested twice that if this tenant is so unhappy with my style of management that perhaps moving out would be the best solution only to be told that I’ll have long since sold the building before they leave.

I do hope to bring my husband in as my partner who could help me achieve more in my first year, as his job has more of a seasonal down period.