Again - you need to consult (and know) your local laws very well if you want to be a successful, scrupulous property owner.

@Eddie MiretskyStarting a real estate investment involves choosing a market, deciding between home states or surrounding states, and choosing between single-family homes (SFH) and multi-unit properties.

I'm not going to buy a car from someone without a driver's license, and I won't buy an investment property from someone that has never owned one.Whether you are an investor or not, you need to really understand investments.

Definitely not, if you don't pick a correct property at a correct price. 

For example, sharing details like an example property address, how much of your own capital you're able to contribute, your goals for the property, and what your exit strategy looks like can all help potential lenders better understand the situation and make informed decisions.

@Mike Sarhan I am on a contract w/SRO property in Brooklyn.

My husband and I purchased 3 properties in CA over the years and recently exchanged into 6 rental properties.

We purchased our first LTR property this summer and have a renter since September.

I own 4 rental properties in LLCs in two other states. 

It got me thinking about how major developments like this are impacting property values, demand, and investment opportunities around our area.