No purchasing a property without getting equity, no borrowing to do the EMD, no foreclosure schemes, always full disclosures, only in decent neighborhoods and always recording the deeds.

Upgrade to a commercial-style stackable setup that can dry faster (30–45 minutes), hopefully fitting in our existing laundry closet without extra electrical work.Any recommendations or specific brand/model suggestions for handling this high-volume, semi-commercial laundry?

Fortunately, I was thinning my herd back in I think 2014 or so by getting rid of a few (experimental) investments in cheaper neighborhoods.

I want to create a GMB profile for a market I invest in, but I don’t have a physical office address in that state.I’ve been looking into virtual address services like iPostal1, but I’m concerned it won’t be approved by Google since they seem to have strict rules about virtual or P.O. box-style addresses.

I made some resources for my out-of-state investors like a neighborhood graded map and contractor rolodex that I can share with you!

Or try the reverse - rehab a property to Class A standards in a Class D neighborhood and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.

These subject to strategies all seem to risk doing something illegal, not my style or a strategy I would call sustainable.

Rather, they are four former commercial real estate brokers, with one of them also an attorney in their 60s or 70s that have a true hands-on style of mentoring.

A good friend of mine recently managed to pick up a modest duplex outside Phoenix that looked risky at first glance.. low rents, older neighborhood.. but with a few smart upgrades, it became a steady earner in under a year.You mentioned your worries about remote investing and the challenges of managing properties from afar.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.