And as someone that grew up in Missouri, this post caught my eye, particularly because I'd never heard of Lebanon, MO so I had to look it up on Google Maps.

Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.   

I also am starting a 4-class certificate program in REI.

@Paloma Wodehouse congratulations on starting your investment journey!

I paid the first $5K but started having second thoughts because of high vacancy rates in the area.

The only thing I would advise is to keep a close eye on the HOA fees, as that's where the cash flow can get squeezed.

Thanks for sharing, always an insightful eye Collin. 

Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

It sounds like you are off to a great start already especially by educating yourself!