Set standards and enforce them.

Often, it will also need work.So, that is causing investors to lower their standards and buy Class C & D rentals.Problem is, most investors apply Class A assumptions to these Class C/D properties - and then blame everyone else when they don't get their "expected" results.Check out copy & paste info below for more dtails:------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You owe your counter-party a standard of honesty and transparency - be sure they understand that you are an agent, but don't represent them, and are looking at their house as a for-profit investment.The pros and cons have been discussed endlessly on BP.  

Do not continue on your own.For your next tenant, be sure you have strict screening requirements and do not waiver from those standards.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

I am currently reading books and educating myself about private lending.

If you tie the bonus to a new lease, a bad employee will lower standards to find tenants quickly.

As many of you can probably relate, this book opened my eyes to the power of the dollar, and it got me interested in real-estate.

I would suggest getting Dave Ramsey's book called The Total Money Makeover and read that.

Have some very competitive prices to start with to get bookings and reviews.