One more I can add is the note investor who thought that holding the note gave him the right to determine how the subject property was managed, with approval of tenants, leases, and maintenance contracts.  

Most of the time, you're not doing anyone any favors by keeping rents too low - you're running a business and taxes / insurance / HOA / Maintenance are likely to continue to increase.

No maintenance fees or monthly fees which is nice.

@Loan NguyenRecommend 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 Class A property in Class D area, what quality of tenant will you get?

They typically charge to find a new tenant, renew leases, and upcharge on maintenance.

You only need a place to track tenant information, payment history, maintenance, etc.

You only need a place to track tenant information, payment history, maintenance, etc.

@Charlie KrzysiakCondos in Dallas offer affordability, lower maintenance, and strong rental demand, making them a good investment for those looking to build equity and reduce living costs.

Maintenance procedures?  

Maybe I need to budget more for tenant default, vacancy, maintenance, or something else.