I recently sold one I had on Seabrook Island because the club/regime/HOA were frequently changing the rules and making it harder to operate smoothly.

Building a Consistent Pipeline of Distressed DealsOne of the significant challenges in scaling your operations is ensuring you have a steady stream of promising distressed properties.

With regard to my parents, I want a good relationship with them so they can build my credit history.

The only property manager I know there handles commercial buildings.

REI is a long game, but, in my opinion it is the best way to build wealth.I would start by narrowing down your market. 

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.

By year three, I aim to cover all operating costs and, by year four, to generate positive cash flow.Experienced investors say it’s crucial to persevere through the initial challenges while gradually building credibility through positive reviews, and I believe them.

I have a follow up question from yesterday's as I continue to build my team in Akron/Canton, OH for STR's.

If you're looking for cash flow (like the 1% rule) and amazing appreciation potential, I do recommend a market like Columbus Ohio.