Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit. 

Many real estate brokers on BP have posted that a real estate purchaser should hire the best agent/broker in a particular market.

In this particular scenario, both mobile homes are on their own lot that’s not in a park.

@Tom CarmodyI would recommend getting in touch with owners in the particular hotel you’re wanting to buy in and ask them how they like it and how much they are really making & any issues with the hotel.

(I also suggest an in person visit to meet folks and get to know the areas, not to see a particular property but to build relationships.)Once you are active in a market you will start to connect with investors who may be selling, wholesalers who have assignable contracts, and your realtor may also have access to off market opportunities. 

I'm particularly passionate about BRRR, Mid term rentals, Money lending.Outside of real estate, I enjoy nature, travel, healthy cooking.Excited to learn and connect with you all! 

Texas still has solid growth potential, particularly in cities like Austin and Dallas, but prices have risen, so returns may vary.

If you buy in a popular market, particularly in a Grade A neighborhood, you might experience negative cash flow.

Don't be afraid to negotiate, particularly if you have a lot of rentals.4.

One, the investment may have been one that worked well but a mostly unforeseen occurance happened, to either the economy in general or to the subject investment in particular.