I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Final reports - pay for final reports (I like my smart move because a little more detailed) various other sites have varying reports on how well they are or not.

Me and my partner have this duplex in Minneapolis in the north east area, which I would consider easily a B class area and we are priced vary reasonable compared to the comps we have ran.

Insurance, taxes, and storm-related costs in Florida can really shift the math, while some out-of-state markets offer more predictable cash flow but less appreciation.A couple things that helped me when I was evaluating markets:• Look at rent-to-price ratios first — it quickly shows which markets even deserve deeper research• Compare insurance + tax differences, especially since they vary a lot state to state• Pay attention to population stability and job trends, not just property prices• Run your numbers twice — once with local numbers and once with an out-of-state market you’re considering• Think about whether you want hands-on or hands-off management for your first dealWhatever you choose, taking the time now to compare both options will make your first buy a lot smoother.Curious — are you leaning more toward staying local, or are you open to trying a totally different market?

But we haven't had any issues other than that.I think operational efficiency has to be kept in mind- even with a varied budget or a small budget.

Tax deed is a high‑reward, high‑risk lane: titles can be messy, redemption windows vary, and you often can’t inspect, so you win by mastering one county’s rules, running conservative ARV/rent comps, and budgeting for quiet title plus unknown repairs.

The time a PM spends can vary depending on the property and the systems in place.

I suspect t it will vary by the specific investment,  and how much is done by any given partner. 

Individual circumstances may vary, and professional guidance is strongly recommended.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).