This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house to having a poor inspection and overlooking issues hidden beneath the surface (literally).

Here's how it works:If their deposit is $1,500, they can either choose to pay the SD in full or elect to take out what is essentially a loan with Rhino Insurance and only pay $25 per month ($20 goes to Rhino and the remaining $5 goes to the PM company) toward their $1,500 SD.

Choosing a location near LA, accessible by a short flight or drive, will make it easier to check on your projects.

Can I ask why you choose Ohio instead of your backyard in Jacksonville? 

Voluntary Compliance: A reporting company can still voluntarily comply with the law if they so choose.

The city's macroeconomics is looking great - lots of population and job growth due to the booming tech scene and many companies choosing to move and develop here.

Facebook groups may have in person meetups or Zoom video meet ups. 

@James Wise has a great video explaining this: As an investor focused agent with boots-on-the-ground here in Cleveland- I would love to help you find and purchase a solid property!

As for tenant demand, choosing properties in core locations is more stable.I find it easier to add value to a mediocre but prime location deal than to strike a good deal on a substandard property. 

This strategy involves holding the properties for the long term and profiting when you sell them.Here are some additional factors to consider when choosing a real estate investment strategy:Risk tolerance: How comfortable are you with risk?