i have 4 STRs that i use professional PM, 2 of the STRs, after expenses including PM, are not outproducing my LTRs.For optimal ROI in this market requires a value add and quick, at least partial, exit.

Today, I analyzed over 10 condos, and while I found one with a positive cash-on-cash return, it was far from impressive.I’d love to hear from experienced condo investors about why this type of real estate might make sense despite the low cash-on-cash returns and HOA fees that cannot be influenced.As a bonus, if anyone has purchased investment properties for their children with a similar goal, I’d really appreciate any insights about your process or results.I am looking at buying 2 investment condos for my children to pay for their college tuition in 13-15 years.

The extra income is not worth the disruption to our neighbors.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Networking and growthWith this growth, I’ve realized that it’s time to bring in some professional help.

Build up your portfolio with a professional landlord and then as your portfolio grows transfer the assets over to a larger PM firm for ongoing accounting and management. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm have been asked to enter into a partnership with an experienced investor, and I'm not sure how to or the best way to structure a partnership.

You're still leveraging his network/connections/professional experience.

Readers should seek professional advice.

Readers should seek professional advice.