Is there a buy out plan?

It's also rare you buy these properties with 20-25% and have NOTHING you need to address almost immediately in terms of repairs or capex. 

I have been consuming as much education/reading regarding out of state investing as I can as well as literature regarding buying larger buildings (not quite the syndication level) although I have been reading that material as well to digest.

However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.

We also partnered with Generali and offer trip insurance the guest can buy after booking on Airbnb/VRBO, etc.Now when they ask "please my grandpop died, have you no heart!"

Investment Info:Single-family residence buy & hold investment in Oceanville.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

@Ming HuangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As always, DYOR (Do Your Own Research) The area has a mix of stable, long-term residents and rental demand—especially with Section 8 tenants—but it does vary block-by-block.Key things to consider are Rental Demand, Property Condition and Management (a local property manager can help navigate tenant screening and city requirements)It’s not as bad as the headlines make it seem, but success here depends on buying right and the right property manager.

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one.