I usually track cap rates too—if they drop below what I expect, it could be time to sell.4.

Next, maintain professional boundaries with clear communication and a strong lease agreement to set expectations upfront.Proactive maintenance is essential.

Look for cash-flow near the 1% rule, hold $10k in cash reserves, and expect 2-4% appreciation. 

What dollar are you hoping to net or if an assignment or wholesale deal the buyer expecting to net? 

How has the demographic profile of these areas changed over the past few years, and what trends are expected to continue?

Since this is a DSCR loan and I already provided account statements with proof of funds and my mortgage statement for the principal residence, I didn't expect much more would be required.

Social Media - longterm strategy, I get a few leads a month, but expect it to compound with time3.

If the tenant requests it and can provide an explanation as to why it happened so frequently and why they expect it to stop, we will reactivate it after that, though.

@Allen Zhu @Bradley BuxtonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I am doing this completely remotely, which has been a massive pain/lesson learned (topic for another day).I signed a very high-level agreement (i.e. expectations simply say "drywall and paint") with him for drywall and paint work at my home for a total of $10KI have paid $5K as a down payment as well as ~$2K in materials over time, as neededThere have been multiple break-in's in the home, and he has done me favors of working with the police, and boarding things up.