So make sure it is written as twice a month payment (or every 2 weeks)A clear red flag is this person has no saving as a safety net.

I looked around my neck of the woods, Texas, Arizona, New Mexico, California, Oregon, Washington, Idaho, Nevada, Colorado, Oklahoma and I looked at safety, prices, appreciation, cash flow, landlord friendliness, property taxes, insurance rates, growth, high tech moving in, job growth, disasters and availability of good deals.I settled on Arizona.

(An Individual Taxpayer Identification Number (ITIN) is a 9-digit tax processing number issued by the U.S.

Larger banks like Chase or Bank of America definitely provide peace of mind for liquidity and long-term safety.

Live where you love, invest where the math works: pick a cash‑flow market out of state, build your team, and run a hybrid BRRRR that prioritizes safety and rent bumps over luxury rehab.

I’d build strong reserves first, for peace of mind, and then look at the next rental once the safety cushion feels solid.

I am trying to work with all the tentative sellers to get them to list ASAP (with safety still in mind) if they were interested in the next year or so.

Here’s the play:Price: set a walk‑away number, then use an escalation with a cap tied to comps and in‑place rents; pair it with an appraisal‑gap limited to what you can comfortably cover.Terms: bigger EMD, short inspection period not waived, but prebook inspector and key specialists; ask for seller disclosures up front and use inspection to negotiate only for health/safety or structural.Lender: include DU/LP or pre‑underwrite letter, fund your reserves, and show shorter close with an ordered appraisal slot.Search: add adjacent submarkets with similar tenant bases where days‑on‑market are a touch longer; have your agent call the listing agent before writing to learn hot buttons and tailor.

(Optional) Add directions from “Home Base” to any spot and save each route as its own layer.Drop the share link into your digital guidebook or a QR code in the house.

The most overlooked item by STR investors is guest safety.