Investing in real estate gives me the goal to owning an appointment complex and the drive knowing I can become a business professional and the incentives to help others by giving back to the community by providing affordable housing for single mothers wanting to own an all American dream by helping them purchase their first home.

Up here, parking is far-and-away the biggest red flag.

Your biggest expenses will be prozac and rolaids for yourself, plan on spending about 50% of the gross.Personally, I think there are better deals out there that would have much less headache.

That works better than an "incentive" FOR signing.....We tell them rent is going up 5% if they sign a 6 month lease, rent's goign up 10% if they go MTM and their rent stays the same if they sign a 1 or 2 year lease renewal.

In my opinion the biggest factors would be the plan being built (2 or 3 br?)

Your question seems to be a reoccurring one -- turnkey versus do-it-yourself.Some of the biggest benefits to truly passive turnkey investment properties are "done for you" investments with immediate cash-flow and low risk.

My biggest challenge with this plan is buying properties at 20% discount, but that's probably the most important part!

Not that the PM would be so devious, but our divergent incentives can't be ignored.I do understand the dangerous rabbit-hole in letting the tenant get away with not paying.

You make a great point on their incentive to make more money not being realy worth it... thanks!

The biggest issue we get is noise.