I think when you start you need to make sure you work with people who are reliable.

Therefore, I would like to work with an experienced reliable property manager I can trust and work with.

I’ll also connect with locals through BiggerPockets or Facebook groups for first-hand insights.If visiting isn’t an option, lean on a reliable local team (agents, property managers) to help vet the area.

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

You’ve already taken a decisive step by proving your reliability to friends and family, which is huge.

I have found that it does pretty much everything I need it to to manage my portfolio.

., index funds or REITs) could make sense, especially since you may need the capital for a future primary home.Keep in mind factors like potential future appreciation in Scottsdale, tax implications of selling, and the reliability of tenants if you hold.

Reliable, thorough housecleaning services can be challenging to find.

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

In a city like Philly, you will face many challenges - you need to learn the market and know the neighborhood and the block and make sure all of your numbers are within reason, you need very reliable contractors, you need a to understand the permit process, you need to be familiar with market expectations.