I'm glad to hear it's working out :)@Ola Dantis That's an excellent point - at this point, I don't plan on carrying a balance unless an unexpected expensive repair comes up. 

I recommend you choose 1-3 hot return and appreciation markets and be loyal to 1 excellent/seasoned investment realtor in each market and lean on them to guide you and steer you to opportunities.

I believe a good listing agent will be able to sell my real estate for a value that is at least 2.5% more than I can (and frees up time for me to focus on what I excel at).

I have a listing priced at $2450 (4 BR, 2.5 bath).I am currently focusing on 1 applicant who makes ~100K in her current job for 25 years, excellent rental references for past 9 years but my rent is $800 more than her current rent and she already acknowledged that she is pay check to paycheck. 

If you've booked the high-risk tenant, the excellent tenant cannot get the opportunity to stay with you.

This is an excellent location to learn many tricks of the trade as well as gain partners, mentors, and connections to help you to learn and earn within real estate. 

Excellent analysis! 

I recently listened to @alwilliamson on The Michael Blank podcast and liked his model on extended stay vs long term or short term using part or all of a multifamily property.

Yes, it costs a lot to go with REI Nation, and the cash flow is low, but they have an excellent reputation.

Do an LLC with each or all of them.