You evict them if they are not following the terms of their lease/rental agreement.Find out what the caps are on rent increases (if there are any). 

Also, I'd think about the long-term potential for appreciation and the health of the neighborhood.All in all, I think it's great that you're at a position where you can seriously consider investing and wish you the best of luck either way you go!

If you're looking to invest long term and build a portfolio, I'd recommend going with a 2-4 unit and take advantage of the VA financing.

Immediately, have them sign a month-to-month lease to formalize your relationship and set basic terms.

Need a new roof in a 3-5 years, you probably want to be pretty liquid (year long CD, Money Market, maybe very short term bond fund etc) for those funds.On a condo board 15 years ago, I  was once able to get us into some nice CD's a decade ago that laddered with the useful life of components.

By securing long-term tenants and maintaining the property’s condition, I’ve enjoyed consistent rental income and significant appreciation in property value.

I thought about starting out with 1 single family residence for long term or midterm rental.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

He was the brunt of jokes about bad real estate courses at all most all every real estate investing seminars back in the pre ZOOM days.

if he bought pre-pandemic then yes they will cash flow.if I were you I'd look at Allentown - closer to NY, higher median income and only a slightly higher price point.