High-5. 

Low or no money down can be high-risk and should only be attempted when you have a proven track record and really know what you are doing.

If you haven't done any flips in the area, HML rates will be high for you to start with no verifiable track record locally.

In a high interest rate environment, it's just the reality unfortunately.

.- Continual market analysis to keep your prices neither too high or too low- For software, you'll need a PMS, some system for tracking operations tasks (we use Breezeway), communications tools for internal and external (we use Slack and OpenPhone, respectively)- The decision to self manage or outsource is a very personal one.

I'll echo what Stephen said, insurance makes things tricky as well as the high interest rates impacting the rest of the country, but if you get a good enough deal you can maybe make it work.

Big action in business is typically rewarded, where infrequent determined convictions in investing yields high reward.

Vacancy in downtown from what I have heard is also slightly higher than the surrounding areas due to all of the new high end apartment complexes that are going in downtown Boise.

However, it's important to weigh this against the ongoing expenditure on your mom's rent.Options 2 and 3 involve reallocating your funds towards purchasing properties, potentially in high-appreciating markets like San Diego or Orlando.

Due to my ex-tenants misusing the washer and dryer, I decided to remove them.Initially, we listed the unit at $1200 (I know it's on the high end).