Need stronger debt commitments, profit and exit defined Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Tyler Solomon I do think we are heading for a defined recession and are most likely in one now.

If it's in an appreciating market with year-over-year property appreciation and rent price increases, that defines an excellent investment - if managed as a business.  

What do you define as a "good" investment?

That move is defined by two events that are the same with EVERY property:1 - When the cumulative CF = what I paid for the property (my only cost is the cash out of pocket, so my cost should be = to the down payment ONLY).2 - When the equity from appreciation (not mortgage paydown) = the equity I paid for (the DP).When both of these things happen, in any order, the value of my cash goes down because my cash (equity) is worth more in a different property than in the current one. 

I think this book is one of the best walk-throughs new investors on how to build and execute on a strategy: https://www.amazon.com/Book-Re...If you read through the table of contents, it's basically a recipe book for figuring out how you want to pursue real estate investing: (i) define goals; (ii) assemble and get buy-in from your team; (iii) choosing a business strategy/niche; (iv) picking a location; (v) finding deals; (vi) closing deals; (vii) financing; (viii) managing properties; (ix) exit strategies.Good luck, and remember that persistence is probably the most important single attribute in this business, so stick with it.

I define emergency as fire / flood / blood

Hello @Nerlande Joseph,Instead of listing locations as opinions, I will show you a process for selecting good investment locations.The location you choose is defined by your goal.

These types of deals can be tricky and ruin a relationship very quickly if expectations are not clearly laid out and defined.

@Harita Konjeti if you require them to only text you emergency issues, you will need to define those issues.