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We just listed our first rental property and received lots of interest in it. We have narrowed it down to two candidates and I’m having trouble deciding which one is more qualified. This single family home is in a c...

I hope this helps you select what's right for you. 

We work with other investors and I know they also seem to be selective about where they have quake insurance - $200/year is not a big impact on cash flow, but $2000/year gives one second thoughts.

@Ben Mosh Market selection is really important, so your question is a great one. 

Pros:  you earn cash flow right away, the tenant is already in the property, the property has been fixed upCons:  someone else made a margin off the rehab that you do not receive, the property might not be fixed up the way you would have done it, you do not select the tenantThoughts:  this might be a good starting point to gaining knowledge, earn cash flow, and be a hands-off investorAs for myself, I like being hands-on and overviewing the contractor and several key subcontractors. 

If so, how did that impact your selection process?

This particular meet up is focusing on business type selection and tax loopholes so it's a great one to jump in on. 

In the end the decision came selecting a partner I felt aligned closely with my vision and could help me achieve my goals.I am very excited to start on this new journey!

Because we have stable W-2 we can be more selective in our buying and don't have to spend every night and weekend rehabbing in order to get $200 cash flow to put food on the table.