My concern is not being able to find quality tenants that can afford the rents I’m looking for to be able to live for free.

A lot of positive stories but moving from A to mid-west D is concerning.

If the fourplex itself is a good deal is the underfunded HOA something to be overly concerned about?

Hi, I did private lending to one of my friend , he mortgaged his investment property as first lien with me.agreement was that he will pay interest monthly, and he was almost regular on that.in July that property got deadly fire, in August beginning he paid my interest for July and didn't mention anything about fire.today, he called me and told that he wants of pay off(but he didn't pay last month's interest).I said OK start processing for payoff, but pay me last month's interest asap, then he told me that house went on fire and he is hoping to get insurance money and then he will pay, he has no money to pay interest .Now, my concern is should I wait and watch or I need to take some pre-action to make sure that I get insurance money since I am on first lien.

@Brian Erickson if you're looking into markets with landlord-friendly laws I'd be most concerned about the purchase.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Hi @Jason Ma not sure if it's helpful, but i used this list to look into which area I want to focus on at first (doesn't really address your average issue i don't think, but in case you find it helpful)  Here is the list

I will specialize in condos and have specific zip codes for my market/territories.My main concern is rehab and management of condos.

If you are worried that you will not qualify for more investments after you buy a primary residence because you have no rental income offsetting the monthly debt service, that is a valid concern.

Do you have any suggestions for where to find the specifics on those requirements besides engaging with BDS about a specific address, which is how they seem to prefer interacting?