I used to know the Dominican market quite well, as I was seriously considering investing there.

If the report is from a reputable credit reporting agency and includes all the information I require, I see no reason not to accept it.

Given that he's got a long history in business but is struggling to cover $30k in Op-ex and marketing spend, my guess is that this is either not very well managed or is in distress.

Hello everyone, With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land  (10-12) years down the line.Though the market always changes, I figured with investing into highly appreciating markets now, the properties I buy will accumulate the equity needed to be able to sell in the future which in turn will lead to the income needed to build and buy land. 

Once you have that, you can look at what similar properties in your market are doing for design.

In any market, you need to analyze median income, and crime, and that will help predict where you will have more challenges collecting rent.Every city has their challenges with vacancy.

They may come up but understand that rental rates are generally well below market (hence the discount) and these deals are largely off-market if you're able to find them.

We backed out of that deal because there was a freeze that hit Texas market, and that freeze caused a bunch of plumbing issues.

You either need to become an expert and do SEO yourself or hire an agency that has a complete plan and roadmap for getting you to a place where organic motivated leads are flowing to your site at a rate where you are taking down profitable deals each monthMike Plactere of We Buy Long Island Homes Fast is a perfect case study of someone who used this approach and is dominating his market.  

It may be common in your market.