I have some financial goals I want to achieve first before I start saving for a rental property.Years ago I made the "smart" decision to get a Discover credit card in hope it would start to build my credit.

Maybe take time to work backwards from those goals by creating action steps you can take to achieve said goals.

- What type of condition do things need to be in to achieve market rents (get pics from other rentals in the area... know your competition)? 

Average agents do the same thing that the thousands of other average agents do and achieve the same average or below average results. 

I will give you 2 quick general examples.If a property manager is incentivized by a leasing commission, often times they can become more interested in getting it leased at any price rather than getting it leased at the best price. sometimes even giving unnecessary concessions to achieve that goal.  

If so, how can they achieve this goal?

@Marty Summers, congrats on what you have achieved. 

What’s the largest cash on cash ROI you’ve ever achieved?

Since 1975, the Los Angeles MSA has achieve a longterm average appreciation rate of 6.7% according to the FHFA home price index.

Get a real understanding of owning RE (Step 1), then pick which path you want to go down to achieve your wealth / passive income dreams.