The biggest time waster for me is I have to drive 3 hours there and back to do simple things like showing the property to prospective tenants and showing up in court for evictions.

That is, at best, your lender comes out whole and there is no financial incentive for him or her to foreclose – just lots of risk and headache.The second way a lender can take over a property is for you to voluntarily sign it over using a Deed in Lieu of Foreclosure.

Arbor is one of the biggest direct lenders in the country.  

The 3 biggest components of your closing costs are you insurances... title insurance which is usually around $1200, and then your homeowners and flood insurance.

I also see an incentive for the PM to churn through tenants as opposed to finding good long term tenants.

@Robyn DabolishFinding good contractors is one of my biggest struggles as an investor.

As I'm sure many here will agree inherited tenants can be some of the biggest headaches after a purchase. 

Zelle is a terrible way to collect money or pay out contractors as you scale, biggest reason being lack of receipts and reporting as it’s meant for personal transactions.

Biggest Lessons Learned: 1. 

Right now, I'm trying to get the biggest bang for my buck (high CoC) with as much cash flow left over so I'm mostly looking at trying to put as little down while still generating solid cash flow.