Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

SB-937 helps by allowing builders to defer certain impact fees until the certificate of occupancy is issued, easing financial pressure during construction.

Are you financially ready for that?

Look back and evaluate good moves, bad moves.

Have you had tenants who seemed qualified on paper but turned out to be financially unreliable?

Financially, I'm not taking out a hard money loan. 

Do you need to refinance quickly to avoid a balloon payment or other financial pressure?

There has been research done on the topic and it’s just a common theme found from analyzing financial habits of wealthy individuals.   

Lucas, I respect your willingness to step up and take on property management, but I want to strongly caution you (and your friend) about the risks of managing a multifamily property without experience, certifications, or financial investment in the deal.

Offering referral incentives could also attract interest if you rather not pay a listing agent's commission fee.Investor Meetups & Events: Consider presenting your property at virtual or local real estate meetups, particularly those that focus on turnkey investments.Online Listing Platforms: Sites like Zillow, Roofstock, and Craigslist (targeting investor hubs) can expose your property to out of state buyers.Professional Photos & Financials: No matter the platform, strong visuals paired with clear financial data (rental income, expenses, etc.) will help busy investors see the value quickly.