In my experience, 99% of the time you’re not jumping through the hoops as described below.

BP has saved us a lot of time and money already with just our first property.

The swift execution highlighted the value of preparation and timing in profitable real estate investments.

First, create a Post-Closing Occupancy Agreement that clearly states when the seller needs to move out, any rent or fees they'll need to pay during their stay, and what their responsibilities are regarding utilities and maintenance.

Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

This is about the only time in my life where I will be able to save money without finantial burdens and I just dont want to screw it up.

If everything worked out we would still charge the tenant the difference in rent for the time they have left.

Fast forward to present time, I never got to complete the house and lost over $200K on the deal. 

Taking it one step further, the vast majority of my tenants don't work, so the commute time discussion is completely moot as far as my plan is concerned.

Hi,In my old rental property I am not sure when roof replaced last time.