@Muthu Subramaniam, the larger the number of units the easier it is to budget for and weather the ups and downs of property maintenance costs.A warranty will cost SUBSTANTIALLY more in the long run than the value you get from it.

But also don't mind diversifying in a few long term rentals.

(if you study the financials you can try to pull that out)Lesson Learned - The sponsor holding period if too long after initial funding (wire) can really skew Year 1 returns as you can see in my chart.  

Analyzing market trends and property values will give you insight into the long-term prospects of your investment.Remember, conducting due diligence and thorough calculations are essential steps in real estate investing.

I am only in one and I vetted the sponsor for a long time.

I've done 3 house hacks, have a couple long term rentals, and bought a couple STRs last year and the year before all before hitting 29! 

Setting specific objectives can help you stay focused on your long-term vision and will direct your financial decisions.Act: While networking and education are important, don't wait to act and begin examining possible offers.

It doesn't take long to learn how to spot a good deal.6.

As long as you are borrowing 80% or less and the properties are analyzed correctly, you shouldn't run into any problems. 

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.