Even in the “gentrified” neighborhoods of Federal Hill, Fells Point, Canton, Harbor East, desirability can be very block by block so you have to be careful that you understand these neighborhoods (and blocks within) somewhat intimately.

Then a wise man who was already successful doing what I wanted to be doing shared some common sense that I took to heart: settle on ONE strategy to get started and block out all the other noise, the BS, and the well intentioned but misinformed friends and relatives telling you that you can’t do this.

Hi @Joseph Shuster, hope you didn't sustain any damages from the recent flooding in Tennessee.

HE HAS CAUSED PROFESSIONAL AND FINANCIAL DAMAGE TO ME!! 

In my 40 years as a contractor , we have fixed roof damage .

Was previous water damage (looked ugly).Tenant was adamant.Gave tenant number to mold inspector.

We have a small rental property that had a tub drain leak causing extensive damage to the floor/subfloor.

Generally places with high cash flow on paper are cheap homes in not so great areas where you have higher turnover, damages and real cash flow is lower.

Make sure to research local rates for cohosting and management services to stay competitive.If you're doing this as a side gig or part-time job, it’s essential to time block, create systems, set expectations with property owners, and establish boundaries to ensure a smooth experience for everyone involved.We opted not to pursue rental arbitrage for two key reasons: dealing with landlords and the significant upfront costs to set up and run a profitable STR without the benefit of property ownership.

Block.