Higher-quality areas attract tenants who are more reliable and tend to take better care of the property.

It’s crucial to consult a real estate attorney and tax advisor to structure the transfer in a way that minimizes tax consequences and aligns with your objectives.

I'm a new investor in the market, I'm looking for reliable GCs in the area!

Be sure you consult your agreements with them as well to determine if there is some other action you are responsible for.You may also want to contact your insurance to find out if and when they may step in and do something.

Consult you insurance broker for specifics but I found this policy to be very protective and reasonably priced.With regards to an umbrella policy they are typically good to have.  

My first rental I asked the guy at the closing table how much he usually got for rent and he told me he could pretty reliably get 300-400.

Always consult with your attorney before you rely on the above information.

For me just too much work.. as I stated its a specialty niche.. plus putting the deals together can run 100 to 250k in consultant fees up front. 

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

This means finding reliable contractors, inspectors, and, if necessary, real estate agents who understand the flipping process.