In spite of this rigorous process, you can still end up with bad PMs, have to try others until you get a good one, self-manage or quit the direct investing and invest passively in others deals.  

This phenomenon distinguishes the current housing market from past housing downturns, which occurred in a different interest rate environment.It’s also interesting to note that the number of properties under contract in May 2023 was nearly unchanged compared to May 2022.

It's not for that reason, it's because I distinguished myself as someone who comes in on their knees in an effort to enrich the person before I ask for something from them.

The biggest concern I'm seeing here is distinguishing between business and corporate credit.

BoCo is also currently reconsidering the STR rules as well so it might not be wise to dedicate oneself to that strategy until they come out with the new regulations.

I feel for you.There are a lot of cities that somehow can't distinguish between bad behaviors of residents and property maintenance requirements of landlords. 

Druid Park Avenue runs through a number of different neighborhoods, some with crime and some next to the best restaurants and consumer-friendly neighborhoods in the city.As far as Station North, I would distinguish Druid Park and Station North as different parts of town.

It also might be a good idea to setup an LLC that a hard money lender can lend to so you can clearly distinguish the property that you guys are partnering in with.  

A good GC will be able to distinguish this from a quick review.Ask how they bill change orders.

@Sarah Hartwell I invest where I love, where I know the areas inside/out, which is no where near down south so I defer to my distinguished colleagues to address local market conditions.