Also, you need to be prepared to screen prospective tenants yourself and verify vouchers before committing to lease.

Also, there’s much to delve into on of those scenarios, like what type of cashflow or investment do you want, etc. residential, multi-res, small multi-res, commercial, industrial, etc.There seems to be fewer deals around these days and this typically benefits the more experienced and skilled investors but there are always multiple investors that get “tripped-up” in these markets due to them relying on recent “fortunate” market circumstances only to realize the markets cycle and they weren’t prepared or didn’t underwrite properly to account for unforeseen potential.There are more considerations, but this is a start.

I’m committed to keeping my options open and continuing to learn about being a landlord to ensure I’m well-prepared for my first purchase.To improve my ability to analyze deals, I’ve developed a two-part plan:Join a local BP meet-up group to discuss my goals and support others.Continue learning and engaging with the BP forum.Thank you again for your guidance—it’s truly appreciated!

. - Be prepared to pay for a PMC's time!

The replacements often lack the experience.If you're looking for tax preparation only, without tax advice, then the worst times to look for a CPA are March-April and August-October.

And yes hurricanes are not that common but I should be prepared@Stetson Miller good point about finding a good HOA.

You have to plow and salt each storm to prepare  for the next storm .

Also, as I prepare for estimates, would be helpful to know where my in year deductions actually are.  

The model opens a pool of possibilities for owners who are prepared to hold and manage the property long-term.

I’m wanting to be prepared and educated since I’m new to this and looking for advice.