When I started back in 08/09 and did my first one, I set a goal of adding 3 houses a year. 

Waiving inspections or even setting a threshold has a "value" to the seller.

No thanks.So I really have been interested in passively investing in good deals with experienced sponsors, but want to set my expectations to be realistic and right for this. 

It’s just a reality of the market there, so setting your expectations accordingly can save you some frustration.Hope that helps!

Will they have to contact their bank ask to set up a recurring deposit to my account?

A set of new machines can easily run you 300-400k if these are all end of life.

To add to what @Jonathan Greene wrote:1) Understanding the local market, so you know what Neighborhood Class your building is located in, what Class your Building is (condition & amenities), and what corresponding class of tenants will be attracted.2) Using all this data to properly set your expectations and a realistic ROI.3) How to better screen prospective tenants, including catching fraud, so your property performs better.

Typically HELOC lenders don't escrow since they're often set up to be in 2nd and rely on the first to check tax/ins more regularly.

Hola Adriana:) When buying property in a different state, it’s generally better to set up an LLC in the state where the property is located.

By establishing a set return of $600/year, there is no ability to adjust that number to future inflation.3 - Now, the big one.