A strong team can streamline processes and reduce headaches.Expand Knowledge: Podcasts and forums like BiggerPockets are great tools.

Attend seminars, join online forums, and read up on the latest market trends to stay informed.Remember, real estate investing is not without its challenges.

I just stumbled upon it online and I’m trying to research it myself. 

If the Seller will not reduce the price to where it still makes sense to you then do not do this deal.

You can also check their reviews online at Google, Facebook, or Yelp.

Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.

This reduces your housing payment and helps you build equity. 

Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property? 

One more reason why people should stop looking for the easy path to building wealth.Increase earnings, reduce expenses, save, and invest.

While you are figuring it out and/or deploying it over time, US Treasuries and certain CDs are paying 5%...and 4% for certain online savings accounts.