Sometimes, the opportunity is right under our nose and we don't recognize it. 

"I'm eager to start my investment journey but recognize there's much to learn.

@Gabrielle Getts- thanks for the post ....the VA loan is a valuable tool for homebuyers and its great you  recognize this and  want to get educated on the topic !

Recognize the limits and conditions of the lending.Remember that real estate investing is a journey that involves continuous learning and adaptation.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Its not just buy a place and toss it on Airbnb; its a business and it requires knowledge, resources, and recognizing that there are many different ways to have an STR business if you want the ROI. 

But, it is just those imperfect markets and deals that may have hidden value that others' have difficulty recognizing.

@Dan Mahoney I recognized at the top of this thread that water bills are liens like real property, regardless of whether a lien is recorded.

I recognize I can get more doing it myself, but I may value my time at a higher rate than others and I am happy with the return.

Recognize the smaller town's employment economy, demographic trends, and driving forces.Determine the area's demand for rental homes.