I personally only buy STR'S where I would want to go on vacation. 

And if you hire a property manager, deduct another 10-12%.I think this property could work if you are careful to set aside the cash flow and build a solid reserve.

Clearly I'm traumatized.The lesson I learned is its not MY money to be cheap with, its the property's money which should come from its repair reserves fund.Now instead of having 1 person do it all and stress me out, I go straight to the specialist for the task.

Install some nice hardware on them and you have a kitchen that looks so much nicer than solid oak or pine cabinets.

We install solid maple cabinets in most of our units.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

It can also handle inbound customer service calls & converses like a person rather than a robot.

Networking with industry experts can provide valuable insights and personalized services.

Call all the auction companies in your area and get on their mailing listing (make a personal contract with auctioneer associates - let them know that you are a buyer)  they will email you a list of up-coming foreclosure auctions.Your benefit by getting to the owner early, is that you may be able to 1.take over the mortgage by making up the back payments 2. get a deed signed, 3. take over the existing mortgage 4. advise the owner how to delay or stop the mortgage foreclosure 5.

Find one in person.