Thanks for all the input guys its good to hear other point of views I have property north of you and south of EMU.Now, for the bad news. 

Obviously, you can't do that for every single real-estate project, but it's not a bad idea to comb over the documents and ask any questions you may have. 

Need some opinions....We have a rental in TX (we live in CA, self manage)....tenant just moved out and there are dozens of poorly done paint touch ups....like 10-11 walls have badly done hole patch and paint work done...wrong sheen etc.

I had a suspicion that it would be bad if I didn't at least make a visible effort for getting the place rented so I'll definitely go that route.

So we hit a bad streak with houses having issues and GC's and subs taking their time to have things completed on time, quality of work, subs not being paid, my husband and I had to much involvement and time spent so we said we have to change strategies.4) We both work full time jobs so the time we could spend at the job site was limited and hence the reason why you hire a GC but then you start hearing comments "oh it must be nice to work full time jobs, flip houses on the side, and show up here when you want too and do nothing and make all this money!"

Let's say you did a Credit Check which was not good, but the tenant claims it's from an event like a divorce or student loans or a hack.The next thing I do is an Eviction and Criminal Background check and a Bank Statement Check to make sure that the prospective tenant is not pulling the wool over my eyes.Imagine that the prospective tenant has a rap sheet pages long and you decided that he looked honest enough and let him in.There are so many horror stories of bad tenants and yet I see posting from new Landlords all the time skipping a FULL due diligence Again and Again!

Most CAP rates disclosed have bad expense calculations.Justin - LMK if you are looking for Vikings tickets. 

Is it a bad investment?

Why is investing in metropolitan downtown like SD or LA a bad idea?

If you have debt, student or credit, work at clearing all bad debt first and increase your credit score.Personal home owner ship is not a investment it is a liability so if you wish to invest concentrate on that first.