Avoid high risk properties (some C and all D class) until you are experienced.This is not an exhaustive list but will get your startedGood luck.

Our Canadian friend Thomas who is all about max leverage but very keenly points out with max leverage you need max reserves.. although Canada is not really comparable to the US market its tiny in comparison and their economy more stable than the ups and downs we see.

The Fed is raising interest rates a little to cool off a hot economy.

We have a lot of equity so i am trying to tap into that...just dont want to be over leveraged if economy tanks.To buy with conventional i need 70k down plus rehab costs of 20-30k. 

The great "Disposable Income"-based economy of Las Vegas is feeling it worse than most, which of course it always will and must.In my estimation the "buy in Phase I, sell in Phase VI!"

It literally breaks me down and exhausts me making it hard to concentrate on my bigger goals.  

Located next door to my 12 unit making management a breeze and gaining economies of scale.

Insurance3)  [5-10%] Repairs/Main't.Also factor in the risk of the HOA fees rising when/if there are foreclosures in the future if the economy sours - like they did all across the country from 2008-2012.

Strategically, I moved into my car and made my way to Denver, CO earlier in 2018 where the weather was bearable to live in my 4-door sedan while I networked and got my first job as a software engineer.After getting my foot in the door and some experience as a junior software engineer, I began searching for a job in a lower cost of living area than Denver and away from the traffic.Strategically, I was looking for jobs in midwestern cities with colleges and stable economies because my next goal is to own a home and rent out rooms in the home.As luck would have it, I'm starting a new position in Lincoln, NE in January 2019 where I lived for 10 years before (I went to college there).Now I'm seeking advice for my first rental property purchase.My plan is to purchase a house around $90,000-$120,000 in June/July of 2019.

My experience so far with AL and specifically sober living group homes is that the community approval and zoning variance process can be exhausting.