Just make sure to include a buffer (about 10-15%) for unexpected costs, especially if you’re working on an older home.

More importantly, they create a motive for government to promote the sin - in this case wider use of a powerful drug.

Knowledge is power and for me, it builds my self-confidence so I’ve been bingeing podcasts, books and also recently gotten my real estate license so that I could have a better understanding of real estate in and of itself, with the hope of building upon that basic knowledge with what I’ve been learning about in real estate investing.

This will probably be unpopular but you should save for a few more years even if you save enough for your down payment, if you are exhausting all your savings, you will struggle with any unexpected repairs.

I don’t immediately think it was due to a medical issue or some unexpected personal circumstance, even though I have been there; it’s usually more along the lines of, 'They must’ve found something unsatisfactory with the property.'

Also, be prepared for potential delays and unexpected costs, especially with long-distance renovations.

I also would not overlook the power of joining Facebook groups for people looking for rentals, especially if you are placing a tenant yourself.

The power of tax-free compounding growth can be really meaningful over long periods of time.

Part of being a landlord gives you the power to help people who need a break so it's in your hands to look at the record and say, that was a long time ago, now he has a good business.

Also, keep in mind potential market fluctuations—having reserves can help you navigate unexpected challenges.