Staying informed about local real estate trends and market conditions can also help you make strategic decisions that minimize reliance on property management services.

Delays to finish construction and to place tenants.I was able to sell 2 properties back, even though got paid way less than what they sold them for but my last property I simply do not know what's going on since April, when the 12 months guarantee rentals period finished.

With decades of experience I can say the vast majority of "cash-cow" properties I, my clients, associates and friends have had started off with minimal to near 0 cash-flow.

The good news is that you may get the property vacant a bad tenant.The bad news is that this may delay your closing

-Loan Extension Fees-Early Payment PenaltiesLots of good advice from everyone else above, but wanted to add this as if you can find a lender that minimizes these extra charges that can make a big difference

There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.

The rent is the rent no matter how many beds are filled so the house is incentivized to keep the house full with people serious about sobriety and paying bills on time to minimize each persons monthly rent. 

But it’s been a great business for us with minimal risk, a good return, and no need to please investors or manage employees!!!

@Oliver Martinez S8 Housing Commissions typically pay on time.Once a year maybe, someone makes a mistake and there are delays.

If property is not redeemed I get a deed in the mail.REally like this play for assets that are inexpensive.. and your paying cash.. risk is minimal to nill and as long as your play is simply rent and keep very long term.. its a genius move.. most folks are so worried that you have little to no competition..  !!!!