Hi,
I'm looking to buy my first investment property. Interested in TX, FL, or OH (actually any) that can generate incomes. Love to connect to everyone and learn as much as I can in the processes.
Any thoughts on the following:
1) Do you typically pick a good school district for your rental less income since your cost would be higher but you can get it back on appreciation?
2) More and more cities are restricting STR (I started to learn about all these acronyms and I hope I use the right one: STR: Short Term Rental? LOL) so I think I'll stick to long term rental. Is that a good strategy?
3) For rehab, how do you manage all of the repairs if you are not on site? Would the realtor/broker help with that or do you have to be present?
I see there's a good thread on how to generate 1K on 60K and I'd love that. I have a stable job with a good amount of funds sitting around doing nothing so I'm really excited to get started, however small. Looking forward to connect to everyone here.
Cheers,
Stanley