Looking to get started with my first investment property and not sure the best path to take.On one of the BP podcasts I heard an interesting tip that I have been considering.

I recall all the things you described in detail when it comes to being prepared.To me that translated to an approach that allows me to meet my obligations to lenders, insurance companies, property taxes, etc. as well as being able to handle repairs (within reason) for up to 6 months.

You’ll make way more money and the skills will translate way better for your goal of being an investor and owner of larger assets.

Any other advice/tips etc. pertaining to renting to pet owners are greatly appreciated! 

The overwhelming part is the contracts and legal side of things)5) Any additional tips in general that you have for something completely brand new, as far as actionable steps go.

Any tips or recommendations from landlords who weathered the 2008 crisis? 

Any other advice/tips etc. pertaining to renting to pet owners are greatly appreciated!

Are there any specific questions you would ask to tip there hand? 

I added the extra income for laundry to $350.Thanks for all the tips.  

Any tips or advice on where to start?