I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

10) Knowing what to do if tenant is late on rent or doesn't pay.There's a lot more, but many here on BP self-manage and learn via "trial by fire".Of course, you can always hire a Property Management Company to handle it for you.

I know that @Mat O'Grady already spoke about CTREIA and I agree.  

Real estate is one of the most powerful wealth-building vehicles—but only if you know how to play the game. 

Without knowing the condition of the property, that is the main thing.

I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios. 

If you are looking for a hard money loan for a rehab project, let me know.

Knowing the rent will likely show up each month—even if the tenant has challenges—removes a lot of the uncertainty that can come with rentals.The people listing this apartment as a “Section 8 property” are likely trying to target buyers who value that stability.

Is this how it works, wanted to know from people who have their star’s managed my property management company?

STuart as I think through this and folks I know in our business.