Typically you'll be dealing with older product - from my experience, the key to capping your downside risk is being able to identify plumbing issues.

Owner's not responding to cash for keys.

The key is to make sure you understand what you are signing up for.

Building strong, respectful relationships with your contractors is key.

Just like with stocks though you need to be strategic and patient.

The key factor is the follow-up capabilities, so pick one that excels in that area.

I'd connect with them...they do a bunch of whole sale and subject to deals.The key is really the attorney over the title company though, in my opinion.

I also included a SWOT analysis for MTR in Las Vegas.Profitability Depends On…Mid-term rental profitability depends on four factors:Keeping the property filledThe ability to charge significantly more for furnished housingActive support of tenants, so we get good reviews.The right renovation components to keep maintenance and turn cost low.Success FactorsI believe the following are key success factors:Location - Not just near hospitals, MTRs must be in a safe and attractivelocation, with direct access to freeways, retail, and entertainment.Appearance - The property must be attractive, clean, and a good placeto live.

Building a good team is key!

We sold a turn-key investment that included all staff, systems, policies, and procedures.