@Jordan McDonald Here are the two main ones: 1) Late rent: Be relentless about enforcing late fees because they'll be consistently late if you don't.

Buy a property that has had a tenant consistently in it since January 2016.

I run the local BP meet-up and if I could generate leads consistently I'd be selling them non-stop to the people around me struggling to get solid deals.

We obviously need to keep it economical, but I would like to do something creative, and I'm bored with our past designs (generally they consist of a larger field tile with horizontal accent stripe).

If you have been consistently employed and are in a similar industry, you should be OK, although I've seen job switches cause problems.

I think just being patience and consistent with your follow ups.

So as much as I applaud any landlord that has a creative way to force tenants to consistently pay on time (towing vehicles) it seems to be more trouble than simply telling a tenant, when they pay late, that if they ever do it again they will be evicted.

Our activities for 2016 consisted of two joint ventures.  

Still, he was able to keep the place consistently rented for 3 years before selling and had no major repairs, so he thought it was successful.

I've been looking forward to "house-hacking", and I'm excited about acquiring this first investment for only 3.5-5% down payment.However, just as I was about to put in an offer on a 4-plex, I found an off-market deal consisting of 3 duplexes that I might be able to buy for less that 80% of ARV.