In addition to the location.So there are two essential parts: Location and Quality of the building and amenitiesQuality of the building and amenitiesWhen it comes to the Quality of the building and amenitieshere is how I would approach it.A Class, also referred to an institutional product (meaning that a REIT, a Pension Fund etc. would buy this property)If you have a new apartment complex (less than 4 years old), with high end finishes in the units (Bluetooth speakers in the showers anyone?)

A good plan is essential to saving you time and money.

Specifically, I want to learn how to tackle principle 2 & 3. 

I am by far no expert on legal issues, especially involving discrimination cases; I feel any discrimination against any so-called "classes" of people should be unconstitutional and violates fundamental principles that formed our nation from the get-go.

As-is the estimated NOI is essentially ZERO - leaving no room for debt service, profit or anything else.

It seems like Dave is pushing the conserve - pressure to be small- lack - scarcity - fear principles that go with always turning the lights off in the podcast. 

Essentially, this means that you are personally responsible for all tax payments and filings.

Anything of 4 units or less is essentially a house (residential property) and no more difficult to look after than a SFH.  

@Lorin K.For this remodeled 3 bedroom 1 bath 1270 Sq Ft Home.I'm expecting $1350 and I believe it can sell for $135,000+ so it's right at 1% for essentially a turn key property.

If you cross reference decedent names with foreclosure or delinquent tax lists, you will find greater chance of getting a bargain price.Since probate is a process you are essentially watching a moving bus and need to Janis which ones to track, when to get on and when to get off.