This approach maximizes your odds of always having a reliable tenant in your property.SummaryThe image below illustrates the three steps to choose properties that can generate the income needed for financial freedom.Follow the numbers to achieve financial freedom, not the opinions of others.

Great information, I image you are trying to buy within metro areas, probably light industrial zoning I would imagine.

This is an example of a non-appreciating "asset". https://www.zillow.com/homedetails/785-Dallas-St-Memphis-TN-...Sold in '01 for ~$10kSold in '02 for ~$55k (That's awesome appreciation or an unsuspecting buyer geting ripped)Sold in '04 for ~$61k (I would suspect foreclosure sale here as it quickly sold again for substantially less)Sold in '04 for ~$21k (This is probably it's actual value and someone in '02 got ripped off)Sold in '23 for ~$26k for an appreciation of ~24% over ~twenty years that's roughly 1.2%/yearThis is a random house on Zillow: https://www.zillow.com/homedetails/766-Neptune-St-Memphis-TN...Sold for ~$98k last May and sold again last week for ~$40k.

(If the image doesn't display well, you can also find the chart here)I also made note of various helpful reviews (many from BP):LifeProof +s: "best overall," "easy to install, great value," LifeProof -s: "tabs break during install"TM Allure Ultra +s: "held up great"TM Allure Ultra -s: negative reviews on houzz, subfloor unevenness issuesSmartcore Ultra -s: negative reviews on houzzNuCore +s: "great over imperfect subfloor"NuCore -s: "shouldn't be used in wet rooms"DuraLax -s: weight limit and issues with area rugsMohawk SolidTech -s: lots of bad reviews on floorcriticsCoreTec +s: great product at great priceI ended up going with CoreTec ProPlus since I found it on sale for $2.50, and I'm actually not very happy with it! 

I just sanded with my random orbital, 320grit.

Once you have some items that look good, right Click on the photo and scroll down/select "Search Image on Google" (in Chrome browser) and it will find the photo from the retailer that Wayfair drop ships from.

Quote from @Kevin Sobilo:  My leases state that any monies owed are payable "as rent" so that if they do not pay that damage bill I can simply choose to evict them for "unpaid rent" which is simple and cookie cutter.FYI this is not legal in Colorado. https://leg.colorado.gov/bills/hb23-1095 prohibits "A provision that characterizes any amount or fee set forth in the rental agreement, with the sole exception of the set monthly payment for occupancy of the premises, as "rent" for which all remedies to collect rent, including eviction, are available"As for the $600 faucet... it sounds like you just called up a random plumber and told them to install a faucet.

@Yang Zengsub 60K properties in random areas that you don't know well and don't have a strong team in will not cash flow. period.

For your first venture I would recommend a random orbital sander (not a drum) and use all the levels of grit, don’t skip grits.  

I don't just trust random stories. 5.