However Id like to know what are some data points and minimum criteria you look at in a market (like a 1% job growth YoY) to feel informed on your decision making processalso if you go to the area what are some things you look for physically that would be a good sign 

Hello,I have a client with an adult family home in Washington State, they are looking to do a cash out refinance.Here is the property info: $570,000 Appraised Value, $2829 Annual Insurance, $3,000 Market Rent, $4,200 Actual Rent, $5,175 Annual Taxes.Borrower has a 720 Fico, and owns 4 other properties, let me know if you can do this.Thanks

Hey Prince, thank you for the honesty and being open, I think it's good you're seeking some advice here.

I have one right now for my rental property but I'm open to ways to improve my current one.

These are rampant now.

It depends on what you are spending on the deal.Sounds like it is about 50% expense ratio at 54.55% which I think is along with industry standards.The net income looks like its $23,543 for the seller.What is his interest rate?

Plus, forming and dissolving LLCs is pretty affordable right now, so why take the unnecessary risk, right?

Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

I am looking to start Real Estate(primarily focused on House Hacking and SFH if it goes well) as an engineer after graduating.

I want the freedom to be able to retire anytime from now on.