To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Also make sure you have quality insurance with an umbrella policy.

And, there is every possibility that I am able to assume quality debt if I am a low-leverage purchaser.

I have been poor very poor living off food banks and pawning items just to eat for a day and do it again.

Appliances supplied mean better rents and a higher quality tenant.The location of the rental and the type of tenant you want will dictate what you supply.Finding a good supplier of new appliances will get your cost down to the point that used doesn't make sense.

Here is a list of what adding ADUs, especially in single family zoned areas,  in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Best way to find cohosting gigs is to look for properties that should be performing well based on their location and quality of furnishings or amenities but cannot seem to get good reviews.

@Abigail KingRobert Kiyosaki's "Rich Dad Poor Dad" and Gary Keller's "The Millionaire Real Estate Investor" provide advice on building wealth through real estate.

@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I want to start a nonprofit eventually to help the poor in the USA & other countries, and I'm considering using my own money or receiving government funds instead of relying on donations from people unless they're just rich ****s.