It is human nature to have some greed.

Bear with this long existential post, and here it goes.I'm a 30 odd year old human who bought a few properties in the sub 3% era these past few years.

-A From my understanding of Machine Learning...Cognitively, it is lacking compared to the human mind.

I think that this new investor should: - Save as much as humanly possible to have more and more cash to potentially put in the deal with each passing month. - Obsess over real estate - analyze dozens or hundreds of deals, read books, listen to podcasts, post in this forum, etc.

Sometimes humanizing a landlord really helps. 

In these cases, this is my preferred method.Pros- Great option for tenants without email or who are not tech-savvy- Requires no front end set up from your end as the landlord/property manager- Typically results in more on-time payments since it takes the human error out of bill paying- No fees for the tenant or landlord/property managerCons- Not all financial institutions offer this - Does not allow you to configure late payments, fees, updated rent etc.- Requires slightly more time on the bookkeeping side to ensure the deposit hit your account and sometimes it difficult to tell at first who the deposit is for- Tenant at any time can stop the direct deposit from their end

Now you have permanently damaged the relationship and may have opened the door to other liability i. e. self-help evictions, harassment, retaliation, etc..You screened these folks, they passed the test, you rented to them - they are human - and we are all worried about bring covid into our homes.

I mostly blame my naiveness in humanity and eagerness to get the project going.. here are many of the items (not all):All 3 HVAC units went out in the first 3 monthsBoth "high end" endless water heaters died within 6 monthsThe 1918  LEAD pipe entering the home burstSome lighting was found to be battery operated instead of electricUnfortunately a rock from DC water entered the piping which resulted in multiple cancelations and major repairsNo insulation between the upper and lower unit resulting in numerous noise complaintsPitch incorrect in back yard which results in floodingPlumbing piping incorrectly sized throughout homeAll gas lines removed and everything replaced with electric to pass city inspection easier (only house on the st without gas)Oh yeah, furnishing a two units that can sleep a total of 16 people is not easy nor cheap (especially with a puppy).

Partner with people who have the same passions for providing great housing, helping fellow humans, and building a full and abundant life.

So far we humans keep reproducing, which we will, the market will continue to follow its natural cycle.