In the future, we aim to get into fixer-uppers, development, etc., but for now, we like to only consider semi-stabilized (with minimal deferred maintenance) or fully stabilized, cash-flowing properties. 

On the other hand, if you're aiming for long-term rental properties, getting prequalified with a lender specializing in traditional loans or DSCR (Debt Service Coverage Ratio) loans is key.

Our aim is to maximize appreciation and rent growth while still cash flowing enough to break even after all expenses in the short term.

To answer your question (that wasn’t actually aimed at me) my concerns are investing in an area that I’m completely new to and building an out of state team that will be effective. 

If what you are aiming for is a BRRRR to acquire and rehab properties into cash-flowing rentals, you may with to try to feel less personally attached to the result. 5.

I can see how an application fee per person can be a deterrent for applicants in my case whether for more upscale rentals people may see it as more normal.I am starting off as a non-refundable fee and measure the resistance, then adjust if needed.

This concept aims at addressing the challenges of what to do with defunct suburban malls and maybe even empty big-box retail store spaces that are in desirable and affordable neighborhoods.

Big Banks like Wells Fargo, BOA, Citi, US Bank, and Chase utilize lending programs aimed to service large swaths of depositors.

Landlord's responsibilities Landlords must respond to rodent complaints in a timely manner.Landlords must hire professional pest control services to eliminate the infestation.Landlords should take preventive measures to ensure rats do not return.Landlords should seal entry points and maintain cleanliness.\ (End)Bottom line here:  you have to know your state landlord tenant laws. 

One thing in real estate and probably most other businesses is that most people including me don't know how to measure and evaluate risks.