Owning two less expensive homes for long-term rentals offers diversification and stable cash flow, but may also generate lower monthly cash flow and property quality issues.

You gave me some quality information I hadn’t heard of a direct booking strategy for repeat guests before.

As far as the quality of advice at a bigbox store - it is highly variable.

Prime rental market, good quality tenants because of higher asking rent Lessons learned?

Prime rental market, good quality tenants because of higher asking rent Lessons learned?

I would focus less on quantity and more on quality.

You can get a fourplex for about $500-$650,000 in a high quality part of the metro here with as little as $125,000 or so in equity/cash.

I know most PMs already have go-to contractors for most things but I also know from experience that good contractors tend to get busy or scale to a point where quality suffers.For the professional property managers of the world, how often do you get solicited by new vendors and what can a new one do to convince you to give them a chance?

Investors should consider factors like market data, rental rates, infrastructure, crime rates, and school quality when assessing potential investments.

Personally there are some really strong suburb areas that I would much rather invest into than Phila - lots of it is due to better landlord policy, higher demand for rentals, less competition for rentals, less headache than dealing with Phila, higher quality tenants and less risky.