Verify the purchase price, potential rental income, and operating costs to determine whether it’s truly profitable.Understand Debt: Taking on $500,000+ in debt is a serious commitment.

@Alex ThomsenThe standard NC contract (2-T) has two different deposit options.

I’m committing 8 hours or so a week right now to learning about strategies and markets, and excited to network with others in the real estate business as well!

Quote from @Henry T.: Sorry to say so after the fact, but you need to learn some landlording basics.Never give the keys to anyone without a proper signed lease. 

Just curious - why would the landlord be held liable if a tenant commits a sex offense ? 

It's important to choose that one and commit to using it.

Here is my current set up:1) ShowMojo for managing the self showing listings (It has some self showing anti-fraud services, syncs with smart lockbox to issues codes, etc etc)2) CodeBox Jr smart lockbox where I have the keys3) ReoLink Go Plus Cellular Camera with a $5 per month T mobile data only sim card.

If the buyer does not have the financial ability to close, and won’t close without being able to flip the contract, then quite possibly the buyer has committed fraud. 

Once you commit to this, it can actually be quite rewarding to provide housing to tenants.For contract renewals and rent increases, the first step is to familiarize yourself with local laws.

Before making any decisions or committing to anything, reach out for referrals and do some research on the company and the offer they are making.