I’d love to monitor the location more so please share resources and add me to your newsletters.

Have any tips or pitfalls to share?

I passed both on my first try (our state has a 40% pass rate) and I'm happy to share the links to the youtube resources I used to study.

They also assume the rent-by-room option is the best way to go because they can get multiple nurses to share a home so they want to buy a larger home, thinking they'll rent out all of the rooms and make more money.

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

Better to lose nearly $10k in rent (~50% of 90 day rent value) than get a risky tenant.Especially if you self manage, make sure you understand the protections provided mid term renters in CA.Good luck Hey Dan,Do you mind sharing for what reason(s) you disqualified the potential tenant?

If you're willing to share the address (or general location), I can provide further insights. 

I also appreciate you offering to share your contacts, I'll reach out and dm you!

Hi @Sequaisa Mcphearson, most people won't want to share trade secrets like this, because they are afraid their local competition will see the tricks and get more doors...But hey, I'm here to help, so here goes:-First, don't assume your market positioning is correct. 

Feel free to share your insights, ask questions and connect with other members.