I have a bank locally that will use DOT as collateral for loans.

I'm local to Richmond, and work downtown, would love to connect.

I lean bearish because it's a consolidated market, not much of any room for any significant appreciating event.

Even if you're in a local 50+ league and want to be competitive, a coach is probably over-kill.

Suzanne, This is impressive - love to see deals being made in my local market.

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

Trustworthy property managers can make or break a portfolio, and I’ve found that vetting them carefully—checking their reviews, local reputation, and how they handle tenant retention—is crucial.

Also, make sure you know what the local laws are.

Insurance is going to protect you financially from lawsuits, damages, total losses, and other scenarios we can't even begin to imagine until it actually happens.You'll want to have a broker you can work with and trust that will make sure you're properly protected in the event of a loss.

  (2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc.