Quote from @Mark Simpson: Interesting use case for ChatGPT Operator:I asked it to do a market analysis and compare a random Airbnb listing to others in the area.

In the 2024 insurance market, CA is hard to place, so even though you could force them onto a single policy, it may be more economical to keep them separate.I'll send you a note with the carriers who can do this for you.

Market Fluctuations – What if appreciation stalls, or rates rise, impacting your refi strategy?

Then house hack a 4 plex to start I am sure you can get into one of those in that market which is lower priced than 90% of the US.  

I’d love to hear your experiences, especially if there were unexpected benefits or challenges.Looking forward to your insights! 

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them. 

We always run a market analysis before making a purchase for ourselves or our investors.

Quote from @Joshua Piche: Your market is tough, but it's not impossible.

It feels like neither consumers nor landlords are truly benefiting from this situation.

The time has come for me to start investing in real estate and before doing so i'm looking to build a strong and dedicated team of partners: agents, lenders, contractors and property managers mainly in the Cleveland area (but also open to markets within a 2-3 hr drive away) that already possess an excellent track record in their line of work and that value long term collaboration.