It will help build some knowledge and you will see more deals happening and how they do them.

Rich Ng So what you're saying is, if you go section 8 try to find a tenant with a 25% contribution?

Therefore, you don't need to use a 1031 exchange; you can take as long as you wish to find and then buy another property.The only exception is if there is debt on a property, in which case there will be some UBIT (Unrelated Business Income Tax) implications.

I can't see how some investors cashflow just $100 per door in some markets. 

Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Loans are approved based off of the rental income of the property.

Honestly I think most buyer's agents don't/won't do it.I think in 95% of the cases a FSBO seller could not put together the info I do for the appraiser or would even have the first clue as to what or how to do it.It's not rocket science and maybe not really brain work, it's just access to the info.For example there are neighborhoods where I've sold the same house 3 times. 

There will be good deals and bad deals.

(assuming market does not crash etc).