The first thing I ask is why am I Buying the property.I always look at the exit strategy first, is it going to be a rental, a lease option sell, am I planning on living in it.

I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.

On the 15th year, the investor and I will discuss together whether we want to sell the house OR continue receiving cash flow.

Since we will be selling our primary property which we have lived in for 15 years we will not be paying capital gains taxes on it.

(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?

Show you're qualified and sell yourself: Know and share your criteria, how you're purchasing (debt vs equity)?

Many investors buy properties Subject-to, and some even sell them Subject-to.

For example, houses where the homeowner needs help and may consider selling to me. 

If you want to acquire more real estate I suggest more savings or sell the other property with equity. 

Renovations that truly add value-like modern kitchens, open floor plans, and energy-efficient upgrades are making the difference in selling faster and at top dollar.Financing & Interest Rates: The higher cost of borrowing has made tight budgeting more important than ever.