Perform comprehensive due diligence on possible investment properties, which should include risk assessment, financial document review, and inspection.

What I’d really love to find is a comprehensive resource that lists out rules and regulations in different cities worldwide, but perhaps that would be the size of an encyclopedia.

There are also cases where a mix of both self-management and outsourcing is used.For example, the Hong Kong Housing Authority has a comprehensive management structure with various committees responsible for policy and implementation, indicating a largely self-managed approach.

Perform a comprehensive market analysis in Winston-Salem, North Carolina, taking into account the demand for rentals, property values, market trends, and attractive neighborhoods.4.

The Book on Rental Property Investing" by Brandon Turner: This comprehensive guide covers various aspects of rental property investing, including house hacking.

To precisely assess each property's cash flow potential, a comprehensive financial analysis and due diligence process are necessary.In order to invest in Dallas, one should carry out extensive market research, establish connections with local investors, property managers, and real estate specialists; moreover, one should investigate financing alternatives, investigate possible investment properties, and give careful thought to property management.

However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.

In 2023, I did 18 transactions(Top 500 of ~15,000 agents), and manage 13 rental properties for other individuals.As an Individual, I also own 5 additional rental properties that I also self manage.The reason I would like REPS is because Ive got about 200k in passive losses(100k just in 2023 as I fully remodeled one of the rentals and partial reno of another) I would like to apply towards our household W2 income(600k) Overall, I feel like I could definitely qualify but I definitely lack detailed time log of all activities.

They have no rush for me to move out, as I have a great relationship with them and my siblings, and I assist with household maintenance.Recently, a single-family home became available in the neighborhood, just a block over from my family's home and a minute from my workplace.

Having a solid intuition is valuable, but it should never be relied upon without first doing comprehensive data analysis.