The key is having a solid maintenance plan to keep things running smoothly. 

A prudent investor doesn't seek quick riches through shortcuts.

Primarily desert washes, but also near a creek....So I would go knock on doors and ask neighbors when it has flooded and what they think about the area......maybe call the County water board and ask then what has happened there in the past.

I'm currently looking to either buy a turn key multi-family or BRRRR a multi.

Tenant shall be charged $[amount] to cover the cost of this force-placed insurance.The other lesson is that you should never hand over keys until you have proof the Tenant has met all requirements.

I suppose something more turn-key could be a good option, but haven't come across many viable options there yet.Anyways, we still have a lot more to learn and still need to familiarize ourselves with the area/market, but just wanted to pop in to say hi! 

In addition to that, building your network is key.

Investors are already on board with the options weve got, just shopping for the best option.

Flippers - I'm advising clients to pass on deals where DOM are high across the board.

On the other hand, if you're aiming for long-term rental properties, getting prequalified with a lender specializing in traditional loans or DSCR (Debt Service Coverage Ratio) loans is key.