DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show. 

@Travis Boyd The quality of the neighborhood will affect the cap rate to be used.

Here's some basic copy & paste info that may help you make better investing decisions:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Juan Mendoza not sure about your state, but in California, technically speaking, you do have to have a built in closet of some kind to count a room as a bedroom.

Apparently there are significant differences in tenant "quality" from one street to the next.

I only have 4 properties so I cant speak on that Oh absolutely it would not be free just as most integrations in this business are not free.

If you are not familiar with the eviction process I would start researching it for your area or speak with an attorney.

@Joe Gellenbeck Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I'm particularly interested in what tactics people have implemented for sourcing quality deals (not the I need 100% financing bs)Would you:1.

You are speaking as though $800 to $1000 a month from one property is nothing.