I'm really not a fan of the automatic "Recurring Membership" business model. 

Enter recurring charges and automatic late fees.

Anxiety is the biggest factor for failing.

Originally posted by @Michael Noto:We have received our official loan commitment from the bank and are now just anxiously awaiting the appraisal which should take place sometime late this week or next week.Why the anxiety?  

Including Texas and CaliforniaLooks to me like we are at "Euphoria" sliding toward "Anxiety" - hang on for the ride

Validation helps relieve the anxiety of starting a new business.

With property taxes and insurance and upkeep always on the rise it is a must to let the tenants know this is a recurring thing.

It would be very useful to have some type of step by step checklist to follow to relieve some of the anxiety that comes with negotiating deals as an inexperienced agent.

Class A properties: generally from $180,000 to $230,000 Class B properties: generally from $120,000 to $180,000 Class C properties: generally from $50,000 to $120,000I understand that there are other parts of the country with much lower purchase prices but what you have to consider is how it will perform in the long term.Real ReturnWhen you estimate return you need to include all the major recurring cost elements.

That's the main recurring requirement.