I partnered with an experienced STR agent, Troy Nowak, and purchased my first short-term rental in Palm Harbor at the height of the real estate frenzy, navigating fierce competition and ultimately overcoming What made you interested in investing in this type of deal?

@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.

Ultimately it would boil down to your personal risk tolerance.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Ultimately, it boils down to how certain you are the reno costs won't exceed $65k and that it won't take any longer than 3 months.

Ultimately, you want a good amount of properties to convert to leads by nurturing and creating relationships with the owners, being the ones to solve their problems, or offering them the best price possible.

It was an ongoing issue that ultimately resulted in various sets of tenants yelling at each other in the middle of the night.

Tariq  Tariq, this will vary widely on your ultimate purpose and experience.

Because we are vertically integrated, we can streamline operations and avoid many unnecessary costs, ultimately saving our clients money.Another crucial factor to consider is the experience and investment mindset of your PM team.

While automation can help with data pulling, it’s those conversations and local market knowledge that ultimately give us the edge in making informed decisions.I really appreciate your thorough response.