Let's say you get a mortgage and their is another housing crisis in the time frame you take that mortgage and you can no longer rent it out for the cost of that mortgage then you have to take funds out of your household to pay for it or even worse you can not afford it and have to let it go then you ruin your credit and you lose everything you put into it.

A typical home warranty covers major mechanicals like HVAC, hot water tank and all minor repairs including plumbing (but excluding your main plumbing line).

We added an extra bedroom, replaced the big wooden beams of the carport which were rotten and he also taught me how to do the AC/Duct system in a house with no attic and boy, IT WAS ONE HOT SUMMER!

These parameters will help decide what kind of yields you are searching for, which you can use to filter down your list of macro markets.Then I would start by looking at the macro market's fundamentals, that is the population, job and income growth over time.After that, I would look to see what the rents and home prices are and how those are trending as well.I would do a similar analysis, but at the sub-market level for the metro area you are considering investing in.Other metrics that I find valuable to understand are household income, poverty, unemployment, and educational attainment.

Columbus, OH is a hot market right now, especially with the city expanding and increasing population.

Boise area is the hot spot in the state so I don't know how it will affect things there.

The main leads you want to focus on are the HOT leads (For Sale By Owner -FSBO, expired, incoming buyer leads) and the warm leads (personal circle/sphere of influence).Focus on speaking to as many people within a specific time block each day and do it consistently.

Our climate gets super hot (currently 104).

How much is a furnace, a furnace cert, a hot water tank.

More importantly, and what @Todd Baldwin the guest on the pod took great pride in, matching the right personalities in each household.