I recently moved to Texas so I am not familiar with the rules and laws here.

Local credit unions or banks could provide funding that is more suited to your requirements and have a greater grasp of the community.Understand the local construction codes, zoning laws, and any other rules that can affect your ability to make improvements or rent out the property.Make sure your escape plan is well-defined.

There are plenty of apps out there that can make paying bills easier, and peer-to-peer payment tools (Venmo, Zelle, etc) make it pretty easy to add a description so that you know what they payments or for.

@Curtis Harrison - It's pretty easy to manage calendaring in the midterm rental space because you have ample heads up, at least 30+ days, but often more like 2 months, 3 months, etc.

How did you find the price of SQFT in your area i know getting the GC to walk the property with you is one way is there another.It's easy - we get the SF$ by having the work done for us hundreds of times.......then we just do the math :-)But as has been said, the price will vary greatly depending on location.

Or they leave stuff behind and we need to confirm with them we can trash it, so they don't sue later.Those are the easy delays.

Also, I tell them not to buy used furniture.If you have SFR vs multi-family, you should consider being more or less easy to talk to about it, so, that if you are multi they don't DIY goofy stuff that ends up making it worse and spreading it to other units.ALSO, consider treating between each turnover, as it is much cheaper and easier to treat a vacant unit.Lastly, check out DoMyOwn.com ...they have products and great advice about all pests.Good luck!

The general rule is at least 1 tub per unit if you want to retain resale value.

However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test.

An agent from Columbus suggested I ask around, but I'm still learning about the RE agent rules.