My job is flexible which I think would be important when trying to manage my first property so thats why .

Verifying last 2 years of rental history very important!

The higher credit, higher income, gainfully employed S8 tenants are choosy about where they live and do not want to live in a bad, high crime area.By buying in an area that appeals to high quality S8 tenants, the arbitrage that you might see between S8 being higher than market might disappear.So that being said, it’s more important to lead by location than strategy.Happy to talk further if you like.  

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It's so important to surround yourself with strong people (i learned that the hard waY...) 

By doing this, you are extending the policy's coverage to include your property manager, should they be held liable for any incidents or accidents on your property.Why is it important to add your property manager as an additional insured?

The verbiage on the contract, concealing your NET, being able to truly purchase with cash..... but most importantly, I am a firm believer that more legislation will come in (Oklahoma, Illinois, NJ) are examples - and assignments will one day be banned, especially for those non-licensed. 

You have to think about your goals and whats important to you here.

I lost over $20k in opportunity costs while my money was tied up (important lesson learned but wouldn't fit below)Lessons learned?

Watching videos is a great way to learn, but one of the most important things is to take action.