I get frustrated because most people a) don't stick with this and try to learn it... trust me its easier than first year college physics... but it will take you a few times to get it and after networking with real people doing this or b) they say its seems risky and listen to their lazy/ignorant CPA who by the way has been stuck in they same occupation for 20-30 years... why would you want to take financial advice from someone who is not financially free. 

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Do this as a course of business and you may well be violating brokerage laws.

Well, I suppose that someone has to be the first on the forum to do business with them, so I might as well be that guy. 

You can use it as a general guide, but the single best way to understand fair rent is by physically mystery shopping your competition.We typically get higher rents than average and consistently more than rentometer or Zillow would suggest, but we are also offering a nicer product.

I have explored a variety of online and physical side hustles, but now it's time to transition to brick-and-mortar as I build towards my dream of creating my own private equity firm.I am officially closing soon on the acquisition of an absentee gas station and laundromat business.

I hate it when people say this on here but this may be one of the cases where it actually does make sense to say it: consider hiring a PM moving forward because every tenant has a sob story and if you bend over every time you hear one, you might as well be running a charity.

I can only assume that you're doing nothing to find motivated sellers.Third, another poster mentioned going to different markets physically (midwest, foreign) where the market forces might more closely align with your (undisclosed) financial criteria.

they screen the tenant for income eligibility and require a physical inspection of the property before tenant moves in and on a yearly basis for renewals. 

Right now, 99% of this board and probably 99.9% of your viewers are not equipped to manage physical REI and there's other ways with a low barrier of entry to make money in REI.