For my first investment property, I prioritized minimizing risk and treating it as a valuable learning experience.

They are lower income, and likely have difficulty prioritizing rent. 

Are there specific characteristics or features you prioritize?

Then my partners usually went on title, or if they requested, I would be on title but the attorney would hold the physical note and collateral.Protect yourself - no deal is worth compromising your safety.

When you don't need to bring things up to current code, only perhaps make health and safety updates required for renting.3.

*Keep a journal of my progress, and keep my REI journey in line and prioritized appropriately with my faith, my family, and my W2 job (Not planning to quit my day job any time soon).My goals for the rest of the year:*Keep doing the daily work*Continue to invest in education (Not spending $$$$ on the national gurus.

(To their credit, it was a safety where you had to turn both valves to the same position.

First red flag, the PM brought up a small "safety hazard" repair.

It’s also prudent to review and update your properties' safety measures, such as installing fire alarms and security systems, as these can sometimes help reduce insurance costs.

Half of them are below 30 and have never seen a downmarket in their investing lives, and are getting new investors prioritizing the wrong things, with highly risky strategies backed by long strings of "ifs."