Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?

No tenant-made upgrades allowed, unless they're professional quality.

That's the category of lender you want to avoid falling into.This is a roundabout way of saying if you can show real value to your borrowers by understanding their business you will attract the best quality borrowers with the best collateral and can charge a premium for your services because they are the borrowers who understand what's most important in a lending relationship and its not solely the rate or origination fees.

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.

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

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

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.