Welcome and great idea, I think the MTR space is still very smart area to be getting involved in

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

@Venecia BaezThe action plan for real estate investing involves setting clear goals, assessing finances, choosing a market, building a network, understanding numbers, starting small, and learning from experience.

In any market that you're looking into from OOS, it's very important to work with an investor friendly agent so you're able to gain the right insight on the different areas and the risks involved.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

@Claude Diehl Selling a Solo 401(k)-owned property with owner financing is legal but involves compliance considerations.

Simplified Approval Process - SB 9 requires ministerial approval for eligible projects, meaning they bypass discretionary reviews that often involve lengthy public hearings and bureaucratic red tape.

The listing parties all seem to have 2024 accounts.     

Get a damage restoration company involved.

For 10 years, every arriving party in my STR finds 1) a fresh bowl of fruit, 2) a local city magazine and a weekly periodical and 3) 2 bottles of wine (1 white, 1 red, 1st bottle is complimentary, envelope to pay for 2nd bottle).No great expense, but "wows" the guests every time.