Real estate investments, when managed wisely, can provide a steady income stream through rental properties, potential tax advantages, and the possibility of significant appreciation in value.To maximize your success, it's essential to conduct thorough research, understand the local market, and seek advice from experienced professionals.

Thoroughly researching the market, including average rental rates, occupancy rates, and potential return on investment, is essential.

The key to success in real estate investing lies in thorough research, strategic planning, and a willingness to adapt to changing market conditions.

Hi Ty, Here's what I'd say for advice:- Understand the loan terms thoroughly.

Even with property managers the effort is often more than you think. 2) You should do a more thorough cash flow and expense analysis.

Take apart everything to clean it thoroughly. 

While these companies can offer convenience, it's crucial to vet them thoroughly to avoid any unpleasant surprises like excessive fees. 

Lessons learned: 1) Do a more thorough tour of house before purchasing 2) Have more money saved Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Josh Goertzen I’ve got a very thorough inspector.

Consider adding features that support a communal and supportive living environment.This is a good start, as renting properties to sober living homes in Colorado involves thorough preparation, understanding legal requirements, and establishing connections with reputable operators.