It’s great to hear that you’re already working on a project to expand opportunities for real estate investors—that’s a fantastic way to immerse yourself in the field.As you dive deeper, here are a few things you’ll want to focus on to better understand how real estate investors analyze deals and make decisions:1.

Their expertise is worth the cost to do it right the first time.

As long as you're doing that, there's always a risk, and 50 years from now it will probably be illegal everywhere to operate STRs in residential zoning, just like it's illegal to operate a steel mill there. 

How  do i know the contractor not cut corner, the seller refuse to disclose the scope of work done, and the contractor said he won't reveal it without seller permission, so they are basically say we won't give you any information beside invoice, other figure it out yourself with your own money, we don't' have obligation.

First of all, do not take any money out of the business, because you will need it.

@KT Fissore I would work out a deal with you in TX and do it for 5%

Question is what to do.

If you buy in a prime location with desirable amenities, you’re setting yourself up for steady income and long-term growth.

Why do you want to buy 2 rentals a year?

It's just not that hard of a job to do with a system in place and frankly it's too expensive in our opinion.