Neighborhood selection, property management, tenant risk, and rehab surprises can make or break an investor.

These are excellent points to consider when batting around the idea of owning a rental property.

We’ve used this at least 5 times previous with excellent results2.

In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

The land, however, may appreciate, which can offset this.If you’re in an area where affordable housing is in high demand, mobile home rentals can be an excellent option, especially since you already have the land.

@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

@Taylor Smith If you’re looking to become an investor Brandon Turner has a list of 21 excellent books for investors on his Better Life Podcast from last Friday night.

Not only does it have excellent potential as a house hack, but it also offers significant upside for a live-in flip.

I have an excellent agent partner who is an MTR manager there with 24 units.

Excellent, thank you Ben!