Do not invest in general without some ability to handle an unexpected negative event; strengthen your personal financial situation first.

Get accurate estimates for renovation costs from contractors and have a clear scope of work to avoid unexpected expenses.

Ithas led me to the best mentorship for not just rela estate but more importantly and unexpectedly self growth and improvement.

Be prepared for the unexpected.  

Don't forget to account for maintenance, property management, and unexpected expenses.4️⃣ Network Like a Pro: Real estate is not just about properties; it's about people.

We're overspending by more than $20k per house on these violations alone (not to mention regular unexpected rehab costs) and we're not sure we'll even break even anymore at this point!

It is not uncommon to find monthly fees have been intentionally kept at a low level, while Reserves are not properly funded to enable the major repair or replacement when due, without an "unexpected" Special Assessment.

If you proceed be sure you have accurate cap ex numbers plus cash reserves so you can deal with any problems that crop up and I suspect there will be some unexpected negative issue arise. 

San Marcos: Employment rate and renter occupied % is very good, they have the outlet mall, and couple of attractions tooI'm not sure if I should consider any more data points to fix on a city. 

This puts you in a much better financial position when unexpected expenses come up.