Thanks in advance.

Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan). 

Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

Using a HELOC to fund your first rental can be a great strategy, especially if you want to preserve your cash for other expenses or unexpected costs.

Or not topping off reservoirs in advance of a known annual heightened fire risk season. 

I would find a property that can provide you both.I used to aim for 8% cash on cash return + 4% appreciationGiven where the market is now, it is likely hard to find 8% cash-on cash and a 4% appreciation.I think 4% cash-on cash and 4% appreciation is do-able.

Cash flow great.  

Thanks in advance. 

Essentially are you cash flow positive or negative each month?

You could simply let them know that your schedule is busy and they need to schedule a time with you in advance.