With this being such a high-dollar investment property, we locked in a 30-year fixed rate with a PITI of $2,600.

Looked at dozens of SFHs online and ran the numbers, ARV not high enough, renovation costs going over, and making offers based on video tours, sight unseen has been challenging.

I also ask for referrals, I do not just choose the first one I see that has a handful of five star reviews.Tenants: As long as your screening criteria is where you want it to be (my preference is rather high), your lease agreements are rather air tight, and you keep an open line of straight forward and honest communication you should not have too many issues with your tenants.

I've attended Cincinnati REIA twice and it's a little content and a lot of hype and a lot of newbies drinking the koolaide and paying the high membership fees.  

I see the upside in owning a park - the land values are likely to increase over time if in quality areas but what about the homes themselves?

While a lot of investors are trying really hard to capitalize off of our influx of high income earning new residence and the fact that we are home to the most million and centimillionaires ($100M+) the market doesn’t call for all properties to be fully renovated.

On the management side easily I get exponential quality and have been able to move my management into a proactive phase rather than reactive (I ran around like a chicken with my head cut off my first two years in real estate!)

We aim to start with flipping houses to build capital for more significant future investments.Currently, we are exploring the option of finding a partner who is a resident of Australia and has funds to invest with us.The high cost of properties in Sydney is challenging ($2M), so we are considering exploring a more distant but cheaper market.Is it a reasonable strategy for first-time investors?

If the property manager is named on the contract, then the property manager can represent the owner in court.This may not apply to your situation, but I highly recommend you read the law or speak with an attorney to understand your options and which method is best for you.

Good cash flow, but high turnover, crime, and bad schools makes it a high risk.