3) How well prepped was your property?

What is your average work order cost for the owner?

Just because the property can close in an LLC with a DSCR loan, does not mean the loan is made to an entity.

When I'm driving and see a property I may be interested in learning more about, I text myself the address or a picture.

I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.

Ask to speak with some of their current owners and current/former tenants.

Ask to speak with some of their current owners and current/former tenants.

Best you can do is individually pull title on properties. 

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

Quote from @Roxanne Whitaker: Please be aware if you buy an investment property and do not live in MD, when you go to sell it you will pay an 8% tax at settlement.