Get the environmental phase I & II testing if you own the land.

A licenced driver goes through both written testing and driving test, which proves their knowledge of the law.Licensing just means you went through education and testing.

A person that used cocaine 10 years ago that has been out and clean for five years is not the same as a drug user that just got out of prison last month.4.

I think you should stress test the crap out of your current portfolio before levering to buy more.

We all know BRRR is the ultimate goal, however, with us being so far away, it's just too many things to juggle without having a tried, tested and trustworthy team on the ground.

Next, install hyper sensitive smoke detectors, wi-fi video of common areas, and hire moolighting police drug-sniffing dogs, preferably German Shepherds.  

Over $400k, for some contrast, I can (& do) default to waving all lender points/fees.CFPB/Dodd-Frank is set up to benefit those borrowing larger sums of money at the expense of those borrowing little, Congress was on crack when they wrote it and should have been subject to their very own "zero tolerance" anti-drug policies.

My tenant was a bad apple... dealing drugs in the property.

Also, find out the health and eye test requirements and make sure that you can qualify.Owning real estate IS a business, even if you have someone else manage it for you.There is a big jump between "starting a business" and "having a big corporation."

Meanwhile I'm getting the education required to be an agent and will evaluate after completing the education on whether or not I want to move forward with 'taking the test.'