Hi All and thanks in advance for any feedback / guidance, I am new to the US market and thought home inspections were common place when buying so any feedback is appreciated.  

@Naveen kumar VadlamudiYou can successfully invest in most Midwest markets if you build your core 4 of a local real estate agent/deal finder, lender, contractor, and PM - BP is a great place to start!

The property hit the market and went under contract in one day so they did not end up making an offer. 

In the competitive world of real estate investing, finding tough markets with great upside gives you an instant edge over the competition.

In our market p,umbers are crazy expensive but clearings are quite reasonable.  

How do you see the Miami real estate market evolving over the next five years, especially with the influx of remote workers and tech companies?

Have you set up an email marketing list with something like Stayfi?

Purchase price: $200,000 Cash invested: $40,000 First investment property - higher end rental in my market.

Whether you're an experienced investor or just starting, having a reliable and efficient property manager can make all the difference in the success of your rental properties.Here are a few key traits I've found important, but I'd love to hear your insights and experiences:- Communication Skills- Organizational Abilities- Knowledge of the Local Market.- Problem-Solving Skills- Proactive Maintenance- Financial ManagementWhat other qualities do you think are essential for a property manager?

Hitting that 1.20 ratio would be tough in a lot of markets though....too many unknowns to guarantee anything, but it might be worth checking into futher if you can get the stars to align.