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

When evaluating potential properties, consider three exit strategies: if you can sell quickly for a profit, hold it as a rental, or take a loss.

Thanks for the encouragement and good info haha!

When I go into a new market I try to buy a property quickly.

If you are in the Wilkes-Barre/Scranton market, you used to be able to get duplexes for $50k to $100k and make it cash flow quickly.

This is a quick and dirty way to quickly make heads or tails of the property very quickly to understand if it’s insanely over priced.Lessons Learned: I should have transitioned to larger commercial deals sooner.  

The house is worth at “quick sale” about $360,000.  

You will quickly see how you compare in all those categories.

These guru's pitch get rick quick with no money down, so people "want to be investors" but fail to start because they had unrealistic expectations from day 1.  

With a 40% expense ratio, the DSCR is approximately 1.21Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers