From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.

This provides an international/affluent tourist pool whom are extremely unlikely to disappear regardless of local economic conditions.

The lot size, the pool, and the quiet cul-de-sac location provided great bones, and with the right upgrades and modern touches, it could command a much higher price in the competitive Hamptons market.

Since costs of living depend on the area of the country, this will also influence hourly rates.Again though, Google AI can provide answers!

-------------------------------------------------------------------------------------------------------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?

What you want is an agent with experience who knows how to negotiate, watch your back, navigate difficult situations, understand contracts and law, provides an objective cross-check, etc.

I randomly got an email from @Eric Fernwood that showed how a negative cashflow rental could provide a 19-20% annual IRR return even after selling costs because of the increased rents and appreciation.

Reliability of Regrid Zoning InformationIs the zoning data provided by Regrid accurate and up-to-date for development planning?

So glad you could provide a better insight.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.