Many investors are scared to get into them as college kids can potentially be harmful to a property.

Hi Ayyoub Research is the key, Conduct thorough market research to understand why the competing property is listed at a lower rent, Consider any improvements or upgrades that could enhance the appeal of your property to potential tenants, If you're unable to match the lower rental rate of the competing property, consider other incentives to attract tenants, such as offering a shorter lease term, including utilities in the rent, or providing additional amenities.Hope it helps.

While California may present some challenges for investors due to high property prices and competition, there are still potential opportunities, as well as options in other states.

I am mostly just trying to discover any tips or tricks or identify any strategies that I could potentially be missing out on.

It has a strong potential for cash flow.

Potentially my first deal!

I large assignment could potentially turn a seller off 

I have a spreadsheet of how profitable I am going to be with the deal and these are the numbers: 245k purchase price, 20% down (49k) 7.2% interest giving me about $1,330 payments, looking at neighboring rentals with the same layout and interior I can potentially rent it for $2,200 hopefully but I expect the worst. 

The topic of tenants using fake id online is concerning and poses potential risks.

The proposed changes would allow a duplex, triplex, or fourplex to be a (P) Permitted use in all single-family zoning districts: With Reno's significant land constraints and overall lack of inventory, I believe ADU's could potentially provide more affordable housing for tenants while allowing investors to be more creative with their properties.