Passing Costs to Tenants:- Lease Agreements should clearly state tenant responsibilities.- State Local Laws: Follow rules on what tenants can be charged for.- Preventive vs.

To be clear, to get to the right answer for you I would need more information.I have done a number of Brrrr's.  

It sounds like you’re in an exciting phase, with a clear vision of building a legacy through real estate.

Any trouble with them delivering a clear title?

Hey Mike, good discussion and good that you have some clear expectations going in.As others have mentioned, since you'll be living there, it can be better to start with a subset of cities that you'll genuinely enjoy living in, then work backwards into data and metrics from there.For the cities you mentioned, here's a visualization of current rent-to-price ratios.

Just to be clear, I was not trying to say that investors should not buy properties off market. 

The biggest mistake new investors make is to walk a property, maybe explain in general terms what they want and then let the contractor come up with the SoW.For a bedroom this could be:- replace carpet- repair closet dooror- remove carpet- remove curtains, nails and screws- replace closet doors, entry door SKU#- replace window SKU#- refinish hardwood floors 144 sqft, clear/oil-based- prep and paint all woodwork- patch walls, texture, paint walls eggshell white clay, ceiling flat white- replace light fixture SKU#, replace lightswitch w decora/white, replace 3 outlets&covers- install blinds SKU#Obviously, the cost would be quite different.

Make sure you’re clear on how financing works and what your monthly payments will look like.Property Condition: Assess the age of the property, maintenance history, and any potential repairs or upgrades that might be needed.Due Diligence: Work with professionals, like a home inspector and a trusted real estate agent, to ensure the property is sound and fits your investment goals.Analyze the Neighborhood: The location can make or break your investment.

To be clear, we inherited the house, but there is a complication that prevents us from being able to sell it for a few years, but we will eventually sell.

If you make it very clear to everyone you talk to that you have deal flow, and you are looking for a sponsor and your willing to take less equity to get started you shouldn't have a problem finding the right person. 3.