Know how to differentiate between accredited investors, and sophisticated investors according to the SEC.Are you or your family in social circles with wealthy people, do you belong to a yacht club, or the like, where accredited investors can be found?

@Leandro Gabriel Chavarria you got some great responses, and I'll also add the following from a much bigger picture perspective - I think folks usually have some other income stream on top of their rentals, whether it's a part-time job (theirs or a spouse or a family member); social security (for folks eligible for it); dividends from stocks; something online; etc. 

I should probably add, we pull credit report direct from Equifax, and run online court records checks, social media etc.

Everything written down sounds bad, unless of course you want to run a social services program. 

And you’ve likely heard something in the news or on social media about a price crash on the horizon.

There are several key state and national level political, social, and economic reasons for this: some adverse blue state politics, hybrid work options, other states and regions becoming more desirable, etc.Personally I think that if you already own appreciated and good quality properties (i.e. not war zones) in costal CA, they are safe and solid holds for the long term.

Hey @Rene Bee, Not sure the condition of the ones that are currently there, but if you search on YouTube and social media platforms there are a ton of videos that show what some paint and new hardware can do to outdated kitchen cabinets.

From my own experience and what I know of others, you just have to factor tax increases into your overall rent increases, just like you would insurance, PM and inflation increases.It doesn't hurt to socialize the tax increase and give the tenant some warning that rent will have to increase, but I think you're going to have to eat this until you can get the rent up to reflect the increase. 

Joining online forums and social media groups related to real estate investing can also be helpful.

Unfortunately my post is going to sound very negative, pessimistic and anti social, but based on sad reality of life.