I will be injecting new funds every year.Full Control: I enjoy analyzing deals and prefer to have full control over my investments, so syndication is not an option.Given that I'm a complete newbie in real estate, I would greatly appreciate your advice on the following:Selection Criteria: What factors should I prioritize when choosing properties?

Recently, my tenants have expressed concerns of people hanging out in the front of their units, creating some uneasiness - to the point where they want to exit their lease for safety reasons.

When you prioritize your guests and pay it forward, you’ll often be rewarded in unexpected ways.

Things like septic pumps burning out, steam room dying, guests catching the grill on fire and leaving burn marks on the hardi siding, emergency bug treatment, above ground pool which is ridiculously hard to manage in our heat & having no time to deal with it if it starts to go, laundry & drying time for all the towels and linens, etc, etc.There are plenty of things we can and will get better at, but I'm prioritizing the stress level of my people as well as the very near disasters we've narrowly avoided, over the little bit of extra revenue we'd generate.

I’m looking to prioritize in small and large multifamily properties.

They look for basic health and safety issues, and the Section 8 office has a phamphlet with their requirements. 

Hi Paul,Charlotte is considered a good market for house hacking due to its demographics, safety, and quality of life.

There are many buildings with systems reaching the end of their life - Galvanized hot water risers, leaking vent stacks, aging window systems, outdated elevator and fire safety equipment.

We also try to note everything wrong that is readily visible and then categorize each issue as:1) Health & Safety2) Property Preservation3) Marketing Negative Impact4) MiscellaneousThis can help owners make better decisions on which repairs to prioritize, especially if they have a limited budget.

My mortgage is not my highest monthly payment owed and the student loans are at a higher interest rate so I prioritize them when I have extra cash flow.