I've been looking for deals on the MLS and loopnet (I know it's mostly garbage), but don't have a lot of confidence in the numbers I'm putting together since I don't have a lot of experience with the details of each market.

I've been looking for deals on the MLS and loopnet (I know it's mostly garbage), but don't have a lot of confidence in the numbers I'm putting together since I don't have a lot of experience with the details of each market.

@Dorothy Pang PM me for more details.

Get good properties in good areas and get a good screening process in place.Other risks, include regulatory risks which I think are in proportion to the size/scope of projects you take on (if you're fixing up houses lets say before renting them).Other risks include common maintenance items. 

PM for details if interested. 

 details needed ...is this your home  or an investment prop? 

However, there are many other items that can fall under CapEx and you should save for those possibilities.  

If you answer with a scenario, please give the type of property, type of neighborhood and any other details you feel would be important.Thank you for taking the time to read this and comment.

PM me and I'll be happy to send you more details on calculating/analyzing the DSCR.

After intensive information gathering here on BiggerPockets, however, i am no longer sure whether this is the most suitable strategy to really grow in the long term.I would really appreciate it if I could talk to you guys about my plans in more detail and to hear your opinion.