I have been preaching this on BP for years.

Also you have to understand what kind of investor you want to be. 

the macro environment for long term rentals (and lots of other niches) is just about the worst it could possibly be right now for a new investor to pick a random market in a random state, and shell out $50K or more to get a random property, and then turn it over to random people you haven't met. and then, the HVAC goes, and your first tenant roughs the place up on their way out, and that $10K turnover eats up your "cash flow" for 12 years. and you are now sad.so, 1. don't give up on investing in state. 

Super exciting to see what you have been working on and wanting to accomplish for years come to fruition.

The stock of Dollar General is down 43% in the past year. 

This 1 bed 1 bath condo is rented out 162 nights a year and covers all the costs of running the unit and debt services.

Hey All,I'm a newer investor in the Phoenix area and I recently passed 1 year since purchasing my first duplex and house hacking it.

The redemption period in my state is 90 days, not three years.

or shipped to parts unknown. 

My manager hasn't been doing a good job but we have still brought it over $40,000 this year.