Thats not to say some might be desperate for business, but thats where it becomes your job to interview them (over the phone should be fine).

Some investors think they can have the tenant pay for a certain portion of repairs, and thats fine unless you are in court.

And as long as I had a good plan as to how I would pay back that 25k before I refinanced the property then it worked out just fine.  

She assured me all of that was fine. 

I am sure that area would be fine as long as you buy cheap enough to offset the slightly more difficult management issues. 

You don't want to borrow against the equity in that which is fine, but if you are working and have very little housing expenses because the house is paid for and no debt, you should be saving most of your income. 

We offer to manage the rehab for the owner, but we also allow the owner to fine and choose the contractors themselves. 

@Eric BilderbackNYC will fine you a cool $1M per year for not complying: https://www.npr.org/2019/04/23/716284808/new-york-city-lawmakers-pass-landmark-climate-measureOf course this only applies to buildings over 25k sq ft.

If you have a backup strategy for each of these scenarios, then you're probably going to do just fine. 

If you buy a triplex, you want to rent the two units you don't live in, and do it immediately.As long as you have good credit, you'll be fine.