Many fail to understand screening, managing, understanding the culture and treating people with dignity.  

@James Kiefer From what I understand Pittsburgh happens to have some decent underlying fundamentals so it may not be a bad place to invest but certainly speak with local experts.

1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.

@Dani Beit-Or It's my understanding you can't 1031 exchange a primary residence. 

@Jahid M.Starting a rental business involves researching local regulations, using platforms like Airbnb and VRBO for short-term rentals, targeting mid-term rentals like traveling nurses or business professionals, and considering Section 8 tenants for stable income.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

it seems if it can be done in one state it should be able to be done across other states…  Doesn’t sound right but something I’d like to learn more about.Good morning @Marian Huish, from my understanding section 8 voucher were originally created to help people buy homes, but it ended up being used for paying rentals.

The quicker we close, as long as everything aligns right, the better it is for all involved.

Hi, I have been deeply involved in researching and learning about house hacking.

Baselane is easy enough to use that I can do it myself so I'm now saving by not paying those expenses and I prefer to be more hands on anyway so I have a better understanding of my expenses and profitability.