The main thing with real estate investment, from my limited perspective, would be to find the niche that best suits your investment style and personality and learn everything about that niche and do it as well as possible while continuing to learn and grow both your business and career.

Existing inventory is aging and not getting better.

List might grow over time but very targeted. 

I much prefer a lower cap rate in California knowing there is a high likelihood of long term rent growth and capital appreciation vs. concerning myself with a higher initial cap rate in the midwest but on an asset where rent grow is small and an asset that is deteriorating. 

Will need more than simple cosmetics given age and condition, but it's also not abandoned and falling in on itself. 

We typically like to meet your pets at some point in the process, too.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+.

Yes, banks here aren’t wanting to go longer that 20, for the age.

I look forward to interacting and growing with everyone and hope everyone has a fantastic day!

What you lose there you will pick up on cash on cash returns and if executed well you will also be able to grow with more speed.  

:) Nina.I would absolutely love to help you begin growing your rental property portfolio.Those markets that you mentioned are overpriced at the moment but there are many markets out there where you can buy single families with 20% down and cash flow $200-250/mo with cash on cash returns of 18-20%!