@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Looking at purchasing small 3 BR 1 BA house.

The newest outdoor is still advertising 1st month free as they haven't filled up, and I spoke with the climate controlled owner/builder yesterday (he's a pretty big REI in the area), and he made it sound like he hadn't leased a single climate controlled unit since they opened a few weeks ago.I recently purchased a 140x45 warehouse with low ceilings and had debated doing self storage, but my market seems very saturated.

Secondarily, if I had a buyer for the land before I close, could I structure the purchase to include them without doing a wholesale deal?

What kind of investments are you planning on purchasing, and what area? 

Quote from @Steven Catudal: Hi all,I am looking to partner with a friend of mine to purchase some rental properties.

I purchased my first home through NACA to actually live in and I'm curious on how to build my RE portfolio from here.

You want to be able to demonstrate that your intent in purchasing, subdividing, and improving was to hold for investment use. 

I’m a first-timer, so bear with me if I sound a little clueless – I’m still figuring it all out.Here’s the scoop: I’m looking to purchase a long-term rental property within the $300-350k budget range.

So far I've owned the place for 4 months and have not had any issues with my tenant yet.Am I Happy With My Purchase?