You just have to keep focused and be very careful that you are getting deals that can withstand a sudden turn in the market.

Buy OOS, you need to worry about way more uncertainties and lose control.Even if there is a correction, your ability to withstand that would also be greater with your own residence, since you have to live somewhere.

Its exhausting…..6.

Now I am thankful I have the ability to do the rehab myself and it is a competitive advantage for sure but man is it exhausting over time.

The entire principal portion is recognized as interest income until the note discount is exhausted.

I have never before said that I have exhausted my efforts without acheiving my mission....or at least felt confident that I was making head way.

This is no way an exhaustive list.  

(Typically in the basement)Chipped or Peeling paintIf you have an HVAC system, exhaust must be properly installed (No spaces or Cracks)Smoke/Carbon Monoxide detector must be within 10ft of bedrooms, stove, and FurnaceNo sharp objects, including on the exterior of the propertyAny area that the tenant does not have access to must be sealed or locked (Crawl Space, etc.)  

I do not have exhaustive knowledge of age restrictions in all 50 states, but I do have extensive experience with one of my consulting clients here in California - one of the most regulated states.

.)-# of park-owned homes vs. tenant-owned homes-Avg. rents vs. market rentsObviously this is not an exhaustive list but I would say it's the first three things we review.