How much time you need to gain appreciation depends on the asset, the sub market, and most importantly the investor choosing and managing the asset, and in the most extreme example your lifespan.Risk in real estate investing comes from two sources. the 1st and biggest contributor is investor error.

I never expected to get a financial benefit out of that relationship, but eventually did.My experience with networking is that you will meet like minded individuals and over a period of time you will get to know each other better and eventually some deal will come along that works for the both of you and you will pull the trigger. 

@Shayleen Minott I’ve been extremely busy all day however I haven’t forgotten about you, so from my own research these are some of the list you should look for Probate leads,Inherited leadsTax delinquents leads,Eviction List, (docket off the wall)Pre-foreclosure VacantAbsentee ownersCode violations Identify any kind of distress Now being that thee lists have a lot of information, it’s best if you do something called “list stacking” YouTube it, however it’s basically going through the list and seeing if a person is on more than just one of those List mentioned above, If they are, it more likely for them to be and eager motivated seller..

I would certainly ask around before pulling the trigger.  

If we can hit our ROI target given the current rate & expected increases, we pull the trigger. 

Also if there is, what is required, like an extremely high credit score as an example?

It was great for us because we could afford the mortgage payment during vacancy (while we were getting the property prepped) and we also knew that if the home needed any major repair, it wouldn't be so extreme that we'd go into bankruptcy.  

Old growth hardwood is extremely durable.4.

But that’s pretty extreme.

Design is extremely important as it can add huge costs to building and you need to know what you're doing.