Tough time starting out

[Manish Waj]

Hi fellow investors,

I am having a tough time starting out. I have reach out to several other investors and realtors looking for deals.

The frustrating part is realtors sending me these poor old properties. I am not looking to flip and likely not experienced enough to rehab. Which makes me look at different markets almost everyday. I live in the Philadelphia area, but this area is full of old properties and way overpriced. I have been looking a lot in Florida but again, more and more people are getting into FL and it’s slim picking. My goal is to find a place that is reasonable <$250k, that’s I can see good cash flow with the 1% rule, but having trouble finding that.

I have looked into STR, but again, I would require a PM and unfortunately that and HOA fees are extremely high which makes it a negative cash flow which is why I redirected thing to long term rental.

I may consider the Texas market but will require a PM.

Any suggestions would be greatly appreciated.

TIA