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Aim for a monthly rent that is at least 1% of the total purchase price as a quick baseline.

Success in real estate starts before you ever make an offer.

Use a legally binding lease agreement that clearly outlines rules and responsibilities.

Great management keeps your property profitable and minimizes stress.

Ensure a strong credit score and save for a down payment (usually 15% to 25% for investment properties).

Check credit scores, criminal backgrounds, eviction history, and employment.

If you want passive income, hire a pro to handle day-to-day operations for 8% to 12% of the monthly rent.

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