Having a tenant will limit the usage for many prospects and likely make it difficult to schedule showings. 

I'm Alex Granados and I'm a prospective real estate investor in the Portland/Salem OR area. 

Take into account elements like the down payment, closing fees, ongoing monthly expenses, and prospective rental revenue.Market Research: Find communities with high rental demand, low vacancy rates, and potential for appreciation by doing in-depth market research around the Portland metro region.

I’m helping a realtor with an open house and a prospective buyer came by because the house was on Roam, but the homeowner never had a mortgage on this house.

But land within 10 minutes of downtown Austin is where the real value lies, so the prospect of getting such a large plot for cheap is triggering all these "what-ifs".

A prospective tenant asked me if I'm OK with TRA.

If everyone is going that route, that's going to crush future prospects.

So I'm thinking in terms of researching the long-term prospects for particular metros.

You need to understand the leads you are prospecting to figure out an approach that will work for you.

Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?