People get frustrated with them because they move slower than other investment methods and a lot of people need ways to get capital so they can buy rentals which forces rentals to come later rather than sooner, but in general, starting with rentals is excellent because they teach you the fundamentals first, then you can use those to be really strong in other areas.

If you can find the right tenant up front that will stay a few years and your diligent in your fundamentals in putting vacancy cash aside every month you can mitigate this risk quite easily.My suggestion.

I'm probably moving to Massachusetts in the next year and a half, but I want to develop some fundamentals for any market.Thanks,Patrick Ryan

I am willing to wager an investor jumped into the project with private or hard money based on a very specific scope of work, and stumbled across a major issue with the septic tank or some other fundamental system.

The bottom line is there is a "right way" to invest successfully in other markets as a buy-and-hold investor.Selecting your market comes down to fundamentals like employment, job growth, and other economic factors.

OP's fundamental premise is that lowering rent 15% makes the owner go bust.

Some fundamental concepts are timeless and bare repeating so they become fundamentals for a new generation.

Fundamentally I think 95%+ of the BP members do not understand this concept and they systematically overstate their returns as a consequence.

Just use good fundamentals and don't show the institution a house that doesn't meet all your requirements like resale potential, condition of the property such as newer HVAC, roof, etc.

., no "program" is really going to help you with the fundamentals of dealing with people.