I’m looking for a good framer/carpenters to help with me the renovations.

Here’s how they help you break through hurdles and tips for finding the right broker for your needs.1.

Together, we have over $200K (mostly in stock market investments), and our parents may help with the down payment.

If I can help I’m happy to assist!

I would use an experienced broker who can shop around and help you compare best terms on a National basis.

Who knows, but what I do know is that they will be cash flow cows when I decide to exit so that helps mitigate that risk.

Vetting your prospects well helps, just like with a regular tenant.

.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend 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?

Just be sure to stay on top of your contributions, fees, and any extra paperwork so you can get the most out of those “triple tax” benefits.Hope this helps!

For Q1, I want to get out of analysis paralysis, pick a market and pull the trigger on my first STR.