Purchase price: $50,000 Cash invested: $4,000 5 bedroom 2 bath house located next to Western Illinois University - All in for 80k and rents have pushed to 2,100 / mo without any utilities included.

Use Technology: Leverage property management software and virtual tools.4.

Also, do you rely on Virtual Assistants or full-time staff to handle comms and requests?

I grew up ridiculously poor, virtually everyone I knew were renters, and they all had the same things in common - a series of poor life choices and ignored opportunities that kept them renters.

Buy where taxes are low on rental properties, populations are growing, economies are growing, and there are at least two of the following: Gov spend, Major healthcare, transportation hubs, universities, sports teams, industry concentration, tourism, manufacturing.

Section 8  is a HUD-funded program but there are no universal regulations.

And before people assume Rice is some toilet of the universe, which ok, parts may somewhat qualify for that statement, lol, there is also big $ in Rice.

I was able to do it near a University (which it sounds like that's likely where you're moving to), and renting by the room can be a powerful strategy that not many are willing to do. 1) "Best" is subjective.

At that point I knew the universe was telling me, RE is my calling.

Thanks for the info, and I would think a prospective seller would likely hesitate to use a listing agent that is unable to list their house on the MLS.I read that some virtual brokerages will allow you to join them without being a Realtor and list properties on MLS through them.