Communication is the key.

Sellers who are in financial distress or dealing with a property in poor condition might be more open to this type of arrangement if it helps them get back on their feet.The key to making this work is transparency and clear communication.

While cash flow is always a plus, I prioritize long-term appreciation as a key factor in building lasting wealth.I’ve noticed that many investors focus solely on cash flow without considering long-term wealth creation.

The key is not the number of properties.

Great points, ZharaBirmingham has relatively steady and diverse rental demand, and I’ve seen many investors I work with have success with C/B class buy-and-holds.Location is key—areas near UAB, major employers, and popular suburbs tend to have the strongest rental demand, while C/D class markets offer solid affordable housing and Section 8 opportunities.

Quote from @Larissa Leeper: I want to make a move for my first rental.

PHX is growing so rapidly, so knowing which direction that you'd like to focus on will definitely be key. 

I could lose my Florida house in a hurricane and move into my North Carolina house or my Tennessee property.

Whether you start with a local deal or try investing out of state, the key is to do your research and take action.Best of luck, Julio

The key?