According to the tenant she spoke to the seller's realtor about her concerns because they did not replace a majority of the drywall or the bathroom ceiling that was wet, but they didn't fix anything else.

Thank you for your concern. 

Any concerns?

Looking for tips and ideas on how to flesh out the WCAP (wealth creation and preservation), principle. I understand this a very broad concept, but how can it best be applied to REI?

@Brian Garrett This method would work better on absentee owners or investors who are at the end of their rope with out of state land lording.

I'm a Los Angeles native looking to invest in out of state income properties, and hopefully, build a portfolio of properties through the BRRRR method.

@Clarence Powell Start with a specific plan for your businessIdentify your farm areaGet a contract ready so that you're prepared to make offers on properties as soon as you find themStart MarketingPut together a buyers listRemain patient, methodical and consistent, it can take months to get your first deal, keep at it and you'll increase your chance of success

Is that a concern? 

@Peter Callahan One of my concerns about recommending others is that if things don't go as expected, the blame falls on me for having made the recommendation.When a client needs a tradesman to do repairs, I tell them that I've had good luck with Home Advisor (which I have).  

You still can but just keep in mind it's easier if you wait for a recession.I'm a big fan of both methods you mentioned.