It's a long-term learning process, but an interesting and often profitable journey - best of luck to you!

Today, I analyzed over 10 condos, and while I found one with a positive cash-on-cash return, it was far from impressive.I’d love to hear from experienced condo investors about why this type of real estate might make sense despite the low cash-on-cash returns and HOA fees that cannot be influenced.As a bonus, if anyone has purchased investment properties for their children with a similar goal, I’d really appreciate any insights about your process or results.I am looking at buying 2 investment condos for my children to pay for their college tuition in 13-15 years.

In Pittsburgh, where I live and operate, this would be a two to three-month process in front of almost all out local district magistrates.

Make sure you understand the auction process and are prepared for any unseen issues with the property.Auction Considerations: With auctions, pay close attention to the condition of the property, title issues, and financing restrictions.

If the place is in decent shape I would offer to credit it toward the next month's rent and write addendum including no future pets.

I am in the process of suing him and just finding out now that he's done this not once, not twice...But 4 times AT LEAST.

I would get the new tenant to apply and process it per your criteria.  

Starting the pre-approval process and it's been easy so far, but I do like to hear from people who have used a company before.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Also, I am on a work trip to Menlo Park, CA as I write this.