But, I guess you need to clarify what "red flags" are to you.Someone could be killing it/raking it in with sterling credit, income, etc. for that all to change when the cards fall if they are behind a ponzi scheme or even an honest profession that fizzled out (e.g. an actor, model, lottery winner or sports star who blew threw their cash.)Thus, a good tenant in the past could be lousy in the future and vice versa.

These two houses are what I'd call mid-maket as far as price range goes and I'd say the market would call for at least a side by side style and not one of the cheaper, top-freezer models.

I'm focusing on buy and hold and I'm currently looking for markets where that model makes sense. 

You can always complete your 1031 Exchange, rehab the property, hold for rental for over 12 months, and then sell, but you are most likely straying from your business model, which is probably not a good thing to do.

Many realtor boards and REI attorneys are advising sellers to take advantage of these exemptions unless you have a business model that goes beyond the exemptions allowed.Find an attorney to advise you.

My longest was 20 years but I finally sold it off...a mistake actually to sell and I should have converted it to my shared housing model.

We use a 10% cap rate in assessing & pricing our deals.Lots of different models out here and some great real estate people on BP to share with.

As a young Real Estate broker (26 years old), I like to think there is a new wave of property managers taking over with a better level of technological expertise and business strategies that will help change the face of the business.Although I am not a Real Estate investor myself (yet), I am always interested if the right deal comes my way.Looking forward to being a member!

Where a wholesaler brings value is through finding great deals no one else has access to... and these leads require time and money to develop, whether it be marketing to absentee homeowners, probate, etc.Wholesaling MLS properties isn't impossible (I've seen it done before), but I don't think it's a good way to build a sustainable business model.

The Keller Williams model is to do 2 hours a day between 9 and 11.