On top of that, families have privacy, places to eat together and gather, plus entertainment options right in the home (pools and game rooms). 

Also, desirable amenities (pools, fitness centers, clubhouses) enhance the functionality of a community.

Here are a few tips to get started:- **Start Small**: If the thought of a big project is overwhelming, start with a smaller property or a single-family home.

Utilities are costing me around 450/mo plus another 400/mo for pool and garden maintenance.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I would love to get any tips or advice for someone who is starting out.

I have a pretty good idea, just hoped to snag a tip from a more experienced operator that may save me a headache.

Any tips or strategies that have worked for you would be greatly appreciated.Thank you!

My father is a GC & I would do all of the paperwork, deals, & cleaning. Any advice on starting this endeavor? And what specific people I should contact before starting. Thanks!

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!