This will dictate where you purchase and look for properties based on that number alone.My point is that you always start with the end in mind and work it backwards, this creates the strategy (Buy and hold, flip, Wholesale, Notes) which will be driven by the tactic (SFR, MFR, Mobile homes, Short term rental etc) I always coach people and explain that the property is actually the last piece of the puzzle not the first.

The new year is going to dictate how quickly people will start buying but there are many business planning to create budgets for each sector of real estate for LTR or STR.

All other terms and conditions remain the same.Tenants don't get to dictate what you do with your property.

The problem with that is the bank/REO sellers always want to dictate which title company you use.

My schedule is often dictated by how well (or unwell) the plant is running.

If the market dictates a hike in rents, then in that case it might be better to even let the tenant go if he doesn't like it, maybe having some downtime between tenants, but having more history to back a higher value of the property for a sale/refi.

Generally the market will dictate your rents.  

I use:20% Cash on Cash Return AND $125/month/unit cash flowThis dictates all of my offers.  

Once the property is found, and that is relatively simple since our market analysis dictates what market we are in to begin with, we have cash partners, credit partners, lenders, etc...all waiting for us to say "go".  

Yes, there are a couple more details to go through and, yes, you need to dictate the title company (which most of the time the bank will allow you to do IF you pay for title insurance), but its really not that much more work than dealing with a normal seller.