I made more mistakes on my first investment than I can count.

Thanks   By living in the mistakes market this last 2.5 yrs I can tell:- appreciation has stagnated as expected , after appreciation of 25-40% , is expected a slow down with appreciation in the 3-8% at least in zones and criteria I check monthly - rental listing started to show up as expected as well.

@Mitchell RosenbergAnother approach is the elimination method.

Those who make that mistake almost never dig themselves out.

Like "Biggest single family propetry management mistakes ever" etc

Bad legal stuff happens to the guy who sold on a "wrap" and makes a mistake. 

So best next action is to start removing things off the table, take away options, start eliminating things. 

I think I might have made a mistake moving here.... lol

One of the worst mistakes you can make is hire an agent to do PM.

@Jonathan S. you'll get burned if you buy real estate rentals and do not, "manage your manager".Even the BEST make mistakes and no one can catch every mistake.So, it takes a team effort between a PMC and an owner to make it work:)