When you choose quality success will follow, especially in the STR world.

@Kala SamuelTo start investing in real estate, define your goals and strategy, choose a market with job growth, population growth, and rental demand, finance your first deal with FHA Loan, conventional Loan, or Hard Money Loans, find the right property, build a support team, make offers, inspect the property thoroughly, and manage wisely.

In many places the assessment process is done with limited and incorrect information in part because they don't have the right to enter a property unless the property owner chooses to allow it.

How did you choose them?

Alternatively you can invest in better neighborhoods, perhaps be forced to leave some of your cash in the real estate but experience meaningful appreciation or if you choose to sell, be able to turn the forced appreciation into cash in your bank account.

Having said that you can make money here, but choosing the right neighborhood (resort) is key.

I'll also go back and tag records as the homeowners respond to my marketing so that I can see what lists are performing and what lists aren't.It does pretty much what you're describing in your post if you choose to use it in that way.

Hire a property manager.If you choose to self-manage, be prepared to handle tenant comms, maintenance requests, and rent collection.

A lot of investors based in markets like New Jersey are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

When choosing an investment city, don't rely solely on simple return calculations; consider all major recurring costs.