By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

Generally as a new fix and flip investor you would want to target cosmetic projects that do not require an extensive rehab budget.

This would give an initial rental rate, and then step up every 3 months slightly until you reach your target rental rate. 

I am not sure there would be enough margin in this to support your goal.We know people are not lining up to accept section 8 so you could build housing targeting that group in some locations. 

I use the terms -  "corporate furnished rentals",  "short-term rentals",  and talk about my target clients-  Business travelers, traveling nurses, traveling healthcare workers.#6  Knowledge -  Know why STR is better for the landlord than traditional rentals.   

., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

If my target would be low income residents, are there any grants, tax credits, or funds available to help me with the conversion? 

Do you have a price range (or down payment target) and are you ok with some rehab or do you prefer turn key?

Do you have a price range you're targeting or a number of bedrooms or SF?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)