So this is a concern I have.Also, I’m unsure of the timing of the sale of my vacant lots and the gap of time in between closing.

The the transition was seamless and since I know the tenants already had to pass their screening process, I was not concerned about inheriting these tenants.

So, if you're concerned about Socialism taking hold, diversifying your portfolio by including real estate may offer protection and help you sleep better at night.

I know that in the future we will have some sort of market downturns and you could lose all that you acquired with properties that target low paid workers.Behavioral issues are a significant concern.

Like Greg mentioned, I would be concerned with his/her responsiveness while I was living there. 

During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.

Finally, my big concern was always defaults and income loss...if I have more than 6 defaults (which I am sure I will), or more importantly, I lose my income...I do not want to be stuck with a high-interest LOC (hence why I started with $5,500 and not 10k).

A purchase agreement is a waste of time and energy and complicates the issue for Harry Homeowner.This is not a beginner strategy as there are federal laws concerning approaching debtors who have been given a notice of foreclosure.

Hi, Ohio's market is doing well but, different people have different experiences as far as real estate is concerned.

I'm a beginner with one rental property and looking to expand my portfolio smartly in 2025.