Be prepared to handle administrative tasks, build relationships with industry professionals, and bring a fresh perspective and strong work ethic.

Saving up more money isn't the most fun suggestion but it is what I'd suggest.

Add the monthly cost of keeping the website fresh and updated for SEO, adding new content to keep prospects coming back, and when volume warrants paying people to answer live calls and filter through the calls.  

We've bought water, flood, fire, ice, mud, and mold damaged houses, none of them were much fun.  

Something that is similar between business partners (this is for fun - like if you share a similar hobby)6. 

They have not been fun to deal with.

MTR by the room is a fun one!

I have been audited by the commission (the result was minimal issues to address) and it is no fun.

You get a bit of a premium on a fresh like-new remodel that you lose when a tenant has been living there using things and making them not new anymore. 3.

Because done-right, you can double that portfolio, get into a fresh 0-cap-x cycle for next ~5yrs, leverage for sub-market rate on leveraged capital, AND get cash-flow very rapidly thanks to ~40% down positioning.