There are certain brokerages that act more like true w2 employers, but for the most part you will be managing yourself.

Networking with local investors, agents, and property managers will be key to your success.

Pete area and would love to hear from those who know the market well.A bit about me — I’ve been in short-term rentals since 2013, starting with hotel management and rental arbitrage in Russia, then expanding to Germany in 2017.

Sounds like the person you asked is projecting their prior negative experience with duplexes.

Reach out to Lisa Loesel at Short & Suite Management here in Milwaukee. 

@Lindsey Matejak we manage a lot of apartments in Berwyn and Cicero where the 2023 flooding happened.

From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box. 

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Sounds like an interesting project but I am sure there is more to the story.

Vaughn is 40 years old, has a Bachelor of Arts in Marketing and Business Management from Temple University in Philadelphia, and resides in the City of Tampa, FL.Ms.