@Ethan Slater here's some info we hope you find useful: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?

I had a tenant force me to pay for some dumb azz air quality test where she claimed my air was bad and making her sick. 

Investment quality is all that matters as you build the foundation for your track record.

Curious to hear others thoughts: Do you believe experience is the primary factor, or are there other qualities that matter more?

There are more policies/regulations than I desire, but I consider it to be what is necessary to achieve the outstanding returns. 

I'm in the middle of a BRRRR too and I chose to have Sherwin Williams color match "inchyra blue" for walls I usually just go with Behr but with cabinets, will be so much easier if you have high quality paint!

IME (in my experience), you would charge a fee (say 50-100 basis points) to the banks/investors, often times based on the either the commitments or the outstanding balance of the fund. 

What quality of life (stress) are you willing to trade for more money? 

We attract high quality tenants. 

Soon after the start of the new year of 2022 and when tax season started getting busy, their quality of communication and response time start to degraded extremely bad.