What they could have done better is referred me to a better PM, who actually does better work, they could have helped me in analyze the property better, they could have atleast helped me get a property which does not loose value over time but gains it(which they clearly lied to me about).

.- Seller's residence county: Orange County, FLIRS Notice for reference: FL-2024-10 - Hurricane Milton IRS extensionhttps://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-milton-various-deadlines-postponed-to-may-1-2025-in-all-of-floridaMy Assumptions:A.

For reference I own exactly one handful (5) SFH  rentals in my hometown, all have been purchased in the last 4 years.1) buying at a discount is MY preferred way to reduce risk.

You can do all the prequalifying from anywhere via credit check, call references, verify income etc.Make sure you have a handy person, ac person, plumber, etc etc that you can call when you need some work done. 

Do you know what they are referring to with the 5 year return or earlier where they talk about returning your initial investment?

Are you referring to Brandon Turners company? 

It blows quickbooks out of the water with ease of use and I can do the class tracking that the basic $20 a month quickbooks was lacking.There's a phone app also, I just added it to my phone, so I'm not sure how much I will use it yet other than for reference as opposed to opening the website for details. 

expensive properties don't usually cash flow as well as mid-range properties unless you're talking about multi family.I was referring to MFH.

I refer to expenditures that return less than they cost as value subtract.How bad is the COC?

@Katharina BormannHi Katharina, you need to put something in writing to the tenant with a reference to the lease clause to officiate the lease violation, as @Nathan Gesner mentioned.