Examples of pitfalls include purchasing in an undesirable area, not understanding the market values (vs. list prices), not knowing the rental values (current and market), inheriting bad tenants, buying a lemon, going rogue on renting and management with no contacts / systems / no legal understanding of PA and Municipal landlord-tenant laws, not having trusted resources and contractors in place, using out of state lenders or shaky financing, throwing lipstick on a pig when renovating a house and wondering why it's ARV isn't increasing, tenants are renting, etc.

$50K per year for oil?  

Looking at the Anchorage-Eagle River-Wasilla-Palmer area.Concerned more about the decline in oil prices than COVID.Any perspective appreciated.A few questions:1.

I use olive oil wherever it works.I could easily live in France.