Much like @Rereloluwa Fatunmbi I got involved in Houston, too.

My take is that a Host should be personally involved as much as possible.

If more than one person applies together, then we combine their scores for a group average.

I would get an attorney or title company involved to create your loan documents to ensure they comply with the law and cover all the aspects you need.Another method that is likely your best bet to take on investors is to create a joint venture (JV).

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

I am excited to get involved and meet all you awesome people! 

Needless to say, many parties are involved, and they all need to be established and verified, or your business will suffer greatly. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Having dual licenses, loan origination and real estate, has got me involved in most parts of the investment transaction.  

----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?