Guidelines to follow:Only buy in low-cost markets if your costs stay under 75% even after paying for two major capital improvements, such as a new roof and a new water service line.Make sure you can eliminate all obvious safety and health hazards—like broken sidewalks, missing railings, lead paint, or poor lighting.

Vet them better if possible.Be very careful of a lease that puts the maintenance burden on a tenant.

I'm an entrepreneur in the home care and assisted living technology training space/ real estate investor looking to interview BP members who are running Residential Assisted Living out of any of their properties.

Tread carefully when it comes to accepting tenants that don't meet your desired credit score. 

Be careful the local wine and the Limoncello willSneak up on you.  

I don't particularly care about the length of time because:a.

Ashley, it sounds like a great neighborhood and a solid opportunity but you are right to run the numbers carefully especially with today’s rates.

Each time I spoke to someone _ which  tooks days for them to reply- they would say they took care of it.

I don't care about target IRRs or return projections—anyone can plug in whatever numbers look appealing.

It’s about clarity and preparation.Clarity in conversations with sellers: Knowing how to ask the right questions and listen carefully makes sellers feel understood and builds trust.Clarity in analyzing deals: Understanding property values, repairs, and potential profit margins prevents hesitation and second-guessing.Clarity in offers and negotiations: When you know your numbers and your limits, you can make confident offers and handle objections without freezing up.Even experienced investors stumble here.