For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.

Overall, the City of Montgomery is highly focused on attracting large companies to its' vastly diverse and well trained workforce.

But at the same token, buying to high or the wrong properties will cost you substantially.

Not everyone can do that but with high interest rates more cash is needed.

Rural town but within walking distance to an elementary school, a high school and a nice restaurant.

What caught my eye was how timeless your question is - high prices and tight cash flow are still big challenges here.

I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.

I generally rule out most single family homes as viable rentals, as prices are pretty high relative to rents, so aside from some downtown neighborhoods, typically you do not find large areas of single family rental neighborhoods (a median sale price on a 3 bed, 2 bath home so far this year in Dane County on MLS sales data is at $430k). 

I don't see how they could, since things happen... but again, granted there is no guarantee, these companies are claiming such high averages and they have such huge portfolios and good reputations, so it makes me wonder.

I added a bedroom to my two bedroom suite due to high demand last year.