With delinquency rates at 7.4%, there is a possibility that they will surpass post-GFC levels of 10.5% in the next year.

I would use an experienced DSCR broker who can provide you with all the possible options.

While a single-member LLC usually supports a 1031 exchange, it's super important to talk to a tax advisor for personal advice on meeting all the rules and handling any possible tax impacts.

Now, investors can also buy on the high end and improve the home by adding a bathroom, taking a wall out and expanding a kitchen/living area, etc to be able to sell at a profit (a little harder idea to make profit but possible).  

Develop a budget that accounts for possible investment costs, save for a down payment, and build up solid credit.Establish relationships with mentors, real estate experts, and other investors.

I'd say look for something as cheap as possible but quickly rentable and run a scenario where if the market does crash, will you still be breaking even or cash flowing?

Making tenants responsible for repairs invites poor quality work and possible creation of hazardous conditions on your property. 4.

We want to take advantage of everything possible so we'd like to meet with a CPA that specializes in Real Estate.

Branson is still on my future list possibility but I will probably stick with Taney County.

@Alex Clarkit's probably possible not to be there... but why would you want that?