I do know managing more than 1 property is a tall task unless that is pretty much your job. 

Also, think about the bigger market factors—how’s the job market and population growth in Lexington?

He did a good job but looking back on it now I think I could've done alot better with more insight and direction How did you finance this deal?

Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.

I had more than one contractor do a great job on the first and then go downhill from there.

His roadmap for retirement is $500k liquid assets, paid off primary home, and more than 1 income source (real estate, part time job, social security if old enough, etc.).

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

GC never pulled any city permits yet charged me (didn't find this out until the job was finished). 

STR without ownership is basically a STR PM job for you.  

He left his job last year and my team found him a property to flip.