Unfortunately the quality of hard surface mechanics has suffered greatly in the last decade as the ones that retired took no apprentices hence the increase in the click lock products which require less expertise.

Investing consists of a few limited areas of expertise and action.

Thank you for your time, insight, and expertise!

Thank you for your time, insight, and expertise!

Value their expertise, then follow up, stay in touch and build a valuable relationship.

You are not in a position to ask for much unless you have a seriously great deal, significant capital or expertise.

You're too small for anyone to care unless you can prove that you've done this in other areas, have the capital and expertise to expand (partners are not going to want to take the time to educate you on location in addition to real estate finance etc.

.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

However, IMO the next recession isn't likely to come from the real estate sector, and it isn't likely to be as bad as 2008-2009.

Keep in mind if it does not have profit or even a loss when you sell, you lose the money and if you do not expertise your option to purchase, you lose all the capital you invested into the repairs.I don’t personally recommend this strategy and would offer this solution: purchase with seller carried financing, fix, then sell.