Have a goal.

This way, you can have passive income coming in from multiple properties regardless of where you are living at the time.Ultimately, the best strategy for you will depend on your long-term goals, risk tolerance, and level of involvement you want in managing the properties.

stocks sold that were held for more then 12 months is a common one 

If your goal is to maximize rental income, adding a bedroom or bathroom often achieves that.

Yes sure, but there are great builders and it is irresponsible to make such a statement.The modular duplexes I am going with provide higher quality insulation and finishes and structure than you find in local stick builds.There have been studies showing modulars are sturdier than stick builds, and you can certainly achieve price efficiencies for the reasons stated above.For an investor with a volume goal (such as my 100 units in 3 years goal) in an area with low or expensive inventory or high competition, or for investors in an area with a lot of ongoing construction leading to high labor costs, or somebody that wants to run a strategy that churns money fast then modulars are a great development platform.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Take your time to determine your financial goals.

More information about me, my activities, and my goals on my profile page. 

Long term goal is to have a large 50 unit plus complex.

It must be a fairly commonly used one, as I get several messages per month like the one below:Hi Cynthia, This is Miguel, I buy houses.