And if cash flow is a big goal, then get set up with a few short term rentals in a low cost area with decent numbers.

Spend a set amount of time educating yourself and then jump in is my advice.

A sub to deal does severely limit the seller's ability to purchase a new home as it does leave the debt in the DTI for some time and is not counted only if the above conditions are met.

So, we set out to find the right property.

Quote from @Kevin Sobilo:  My leases state that any monies owed are payable "as rent" so that if they do not pay that damage bill I can simply choose to evict them for "unpaid rent" which is simple and cookie cutter.FYI this is not legal in Colorado. https://leg.colorado.gov/bills/hb23-1095 prohibits "A provision that characterizes any amount or fee set forth in the rental agreement, with the sole exception of the set monthly payment for occupancy of the premises, as "rent" for which all remedies to collect rent, including eviction, are available"As for the $600 faucet... it sounds like you just called up a random plumber and told them to install a faucet.

If you are comfortable with them, set up a showing, or if not, tell them the property manager will call them to set up a showing (they are applying to so many places that they rarely follow up when no one calls).

From their perspective, they need to manage travel and set up time to protect their profits.

Hi Erick,One major hurdle is setting the right price without the insights a real estate agent might offer, potentially affecting your home's marketability.

We do mostly new construction single family and multifamily spec homes at wholesale prices if you want to get away from existing inventory. most agents here are going to set you up on a drip and to "let them know" when you see something you like.

It's also time consuming and messy to refinish and is limited to how many times it can be sanded.Today's LVP is extremely durable and inexpensive to purchase and install and in my opinion looks as good or better then most hardwoods.I say this after 120+ rental doors and many hardwood installations I regret.Respectfully,Gary