I think many can be easily overcome like finding an attorney and contractors in the area, but the most interesting challenge I can think of is how to hire someone to deliver late payment notices one day a month.

This should be evaluated further by a roofing contractor or licensed general contractor to ensure there is no hidden damage and to make repairs as needed."2.

I am local in Arlington and do pay significantly less than $200/pier but I have developed a strong relationship with my foundation contractor and give him multiple jobs a year. 

You'll see the usage drop significantly once they start to play for it.Get three quotes from HVAC companies, and if you don't have any I would ask contractors and realtors for referralsGino

It can be challenging to collaborate with out-of-state buyers on fix-and-flip projects unless they are experienced and have a solid team of contractors.

It can be tricky managing properties in East Cleveland, but I don't think it's that much different than managing properties in C and D neighborhoods, it's just a bit more tricky with getting contractors over there, but I'm working on a listing in East Cleveland and had a contractor do a bunch of work on the property and didn't have any issues.Another issue with East Cleveland is they have point of sales, but Cleveland is going to start doing that soon, but definitely adds unnecessary costs when margins are everything.  

So don't let your contractor pick "whatever" color.

Did they also help you find the renovation contractor?

You might also want to network with local businesses that may have relocating employees or contractors in need of housing.Local Regulations: Some areas have different rules for mid-term rentals than for long-term or short-term rentals, so make sure you're compliant with local laws.If you're new to mid-term rentals, connecting with investors or property managers already working in this space can be invaluable.

Even with the use of contractors, it is work managing the contractors and making various decisions.  2) value adds have risks.