Many new investors fall into the trap of doing a lot of nothing in order to get ready to actually do something.The key is to get a laser focus on getting a deal under contract.

I absolutely will only pay what I feel comfortable with, and will not fall in the trap of relying on having to get a top sells price to make a profit. 

Don't get trapped by what they say.

This is the biggest trap I see in every sort of real estate investing that involves building or rehabbing houses.2.

This can work for some people, but I pass on these deals, as I have been burned by this trap the past.In my opinion, that level of illiquidity is unacceptable, even when the plan is a long term hold. 

The banks are Fully aware of this attempted trick and can and will call the loans due if they want to.And BTW, no one is “selling a batch a mtgs to you”.....the borrower can’t sell/assign the mtgs, only title to the properties.Also, seller financing to any owner occupants has it’s own set of rules, traps and penalties.

And that restaurant tenants will do quarterly cleaning of the grease traps.

(I specifically say B class or higher in a mid-sized or larger city, because lower class properties, and properties in more rural areas would be exponentially more difficult to manage remotely...I may not be the brightest bulb in the chandelier, but I'm smart enough to avoid that trap...).I've self-managed my local LTRs for years, and the task that requires my physical presence more than any is showing property to prospective tenants (I can't easily hire this out to anyone other than a PM, so I'm stuck doing it myself)... but, I have heard of owners using smart locks, security cameras, and Zoom to remotely supervise/monitor prospective tenants who walk the property without anyone else physically present...Does anyone have experience/opinions about managing viewings remotely?

If it's near water, are there problems with flooding, soil erosion, insects, etc.? 

I haven't used it as of yet, though, and currently have no plans to, so all that appreciation is currently dead equity and isn't earning me much "trapped" in my one house.