This entails building personal/working relationships with people successful in the field.

Some work that comes to my mind is:1) Managing tenants to get rent paid2) Diagnosing a repair issue and getting the right team to make the fix3) Fielding messages from prospective tenants on advertised rentals4) This list goes on...I've found a company that automates rent collection and income/expense tracking for free, but I'd like to replace my property management portal altogether and feel I'm only half way there (certainly a tenant facing chat bot would close the gap).

After spending two decades in this field, I've seen a lot of changes, but these proposals are something else.

Purchase price: $215,000 Cash invested: $215,000 This is our first STR property and an attempt to get our feet wet in this field.

Anything smaller than that would require a more hands-on approach.To succeed in this field, it is crucial to adopt a data-driven approach, maintain perseverance, and establish strong relationships with developers.

You have the home field advantage.

I have some entrepreneurial goals in the field that I'm in but don't plan on trying to use real estate to replace my income.

I'm currently exploring opportunities in both the Southern California and mid-east markets.Another consideration on my radar is the prospect of "Owner Occupying" my inaugural multifamily home in San Diego, with plans to expand my portfolio from there.I would greatly appreciate any advice or insights from those with experience in the field.

As a newcomer to this field, I would greatly appreciate any insights or tips you can offer.With savings of up to 80K for a downpayment, I'm feeling a mix of excitement and nervousness about making this investment for the first time.I'd be grateful for any guidance or advice you can provide.

I've found a resource that brilliantly addresses these issues, offering extensive information for investors seeking to enhance their understanding in this field.