Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

There’s so much to learn here, and I’m sure you’ll find it incredibly helpful.

I would start by listening to the podcasts, i especially liked the older ones!

I have had 3 people email me this weekend who are over leveraged and also cash strapped in that they have repairs of $5k or more, o cash to repair and without repairing cannot release unit.

As for the areas to target, my goal in getting our feet wet as real estate investors--and since we plan to be living in Sac--is to find a property we can live in while renting out one or more units to help cover our housing expenses, which we can then hold and continue to rent out when we move.

It's been a long-time dream to do a new build and so I'm actively working to find land and begin the process.I agree that the profit margin you post seems very small.

Welcome to BP!

I think younger travelers and groups with younger guests find this more appealing.

It depends on what municipality you are in here in the Tampa area.

What I'm trying to say is that going up to 1.5-2 hours outside of even the biggest cities, there are pockets of affordable towns/cities with at least positive cash flow (although its never been harder to find than right now, I've been waiting for 3 years for the market to make sense before buying again).