I am also of the belief that if a property cannot produce $1500-2000+ in rent per month, you're just going to have a hard time covering capex.

does anyone have a Sales agreement i can use between me and my friend who is buying my home? 

I still have it.

If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

I do not invest in things that have HOAs or other controlling boards.

Quote from @Brandon Tusing: Hello BP Community, I currently self manage my duplex and have amazing tenants. 

@Lauren Cutchen, I have not had this happen but I would think you could simply buff the scratches out of the stainless steel.

@Inderpreet Singh  I use Liberty Mutual for my umbrella and have been very happy with them. 

Does any one have any experience or insight to this topic?

@Abigail KingThe important ones have already been covered by others here but a "real estate adjacent"/financial freedom book I recommend is Retire Young, Retire Rich by Kiyosaki.