Your first challenge is - you shouldn't buy based upon zip code!

@Celine Besson there will be several challenges:1) Finding a Grate Property Management Company. - See our copy & paste advice at the bottom of this response.2) Managing the Renovation- Everyone thinks a PMC can easily do this. 

Challenges?

From reading other posts this year has been particularly challenging. 

How I handle them is typically not well because I am not as swift as I should be - this is when having a PM is so valuable.Whats your goals/vision for 2025 Fed?

Credit checks tell you some sense of how they handle their money.

Just wanted to introduce myself.My name is Ariel, I am 32 years old (this Thursday), and I am making my first steps as a real estate investor.As I live abroad, most if not all of my work would be remote, and right now I am focusing on Jacksonville, FL.My main goal for this year is to fix and flip  at least 2 SF's properties, and for the next few years to increase this number, maybe do some MF, and possibly to also BRRR when I raise enough of my own capital.At the moment, my biggest challenge is the fact that I am remote, so I could use some help from a local realtor or management company.It's so amazing to know this community  exists, and I am thrilled to actually take part in it

Santarelli’s musical productions.Disproving a negative is challenging, and the representations ofMarco Santarelli about how Norada Capital Management guarantees up to 17% annual returns need addressing.

-Opportunity cost: A 7% interest rate isn’t great, but if you think you can achieve returns higher than 7% by buying another cash-flowing property, paying off the mortgage might not be the best use of funds.Now, let’s explore saving to buy another property:Investing in a Second PropertyPros:-Diversifies your portfolio, reducing risk if your Palm Desert STR underperforms or faces challenges (e.g., stricter regulations or lower demand).

Not having experience qualifying prospects I would think that the leads you would get from here, if any, would be..... challenging.