I even pay a fractional revenue manager to also check it on top of the software auto updates. 

My gross income is a bit less than $7k (and I'm renting near top of market rates) with minimal repairs ($2k/y), but...1.

I need some advice from experienced RE investors.We want to buy a 6 bed/ 5 bath in a great area (top zipcode in the area).Thinking of splitting into 2 units but re-zoning permits are almost impossible in area.Ideas of converting to AirBnb or community center?

In the spirit of Goal Setting, here are my top 5 Tips for ensuring you set goals with the highest probability of success. 1.

Now your fully renovated home is getting top dollar rents, you could probably refinance too since rates are poised to go lower (lowering your monthly obligation), you could open a HELOC before you move with the extra equity and use that to fund your next deal and now you have 2 homes! 

Andy Sirkin (fantastic legal team from SF) has a library of free online articles and a set of agreements to purchase, to help you on your way to become a Subject Mater Expert. https://andysirkin.com/article...Elizabeth and Christina (The Rental Girls) have done a great job pioneering the shared ownership (TIC's) model in Southern CA. 

This is a fantastic answer and I agree completely.

.: I wanted to get involved in land investing and made a post about it during the summer and have continued to look at it until now.I was questioning if I should trust a land guru in my area so I asked about it and got some feedback.So then I have searched for land investing education programs and a name was at the top on google and I saw he had a lot of information out there.I did research on him and watched a lot of his videos and it all sounded good but I heard him talk about how he now owns over 1000 doors in multi family, so I started thinking about it. 

On top of that, they require homeowners to hold the title for two years before being allowed to use the property as a short-term rental.

It’s exciting to hear you’re looking to scale up into larger multifamily investments—financial independence is a fantastic goal, and it sounds like you’re taking the right steps to get there.It’s great that you’re already focused on assembling a team and diving into market analysis.