high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.

They either don't understand your laws or they don't have good policies in place.

Maintenance and UpkeepRegular Inspections: Schedule periodic property inspections to address maintenance issues.Emergency Repairs: Have a plan in place for unexpected maintenance needs.Furnishing the Property: Budget for necessary furnishings and appliances.7.

Quote from @Anne Christensen: Thanks Nathan,  We have over $1M in equity. 

Have enough that after you buy the property you still have 6 months of expenses in reserves that you can use for daily living.

Wanted to still be close to family but maintain a cheaper lifestyle, still have strong appreciation, and much better tenant/landlord laws, taxes, etc. 

My friend and her adult son have lived in a SFH together for about 20 years. 

So far, I have been fueled by passion and determination but I do not have any mentors and have not had a lot of guidance at all as I have obtained these properties.

Question to you then - how and when did you acquire the properties you have now?

That said having the right tenant goes a long way.