Get really intimate and familiar with an area, personalize your approach.

While I’ve recently joined Intero Real Estate in Fremont, I bring a data-driven, analytical approach to real estate, thanks to my engineering and project management background.Over the years, I’ve lived in various parts of the Bay Area and have developed deep knowledge of local neighborhoods, schools, and market trends.

@Miguel Del Mazo advice is probably a really good approach.

This approach ensured quick closing while accommodating the $12,000 needed for targeted renovations to maximize the property’s resale potential.

The key is balancing cost with the value of your time—both approaches can work, depending on your priorities.

@Tiffany Da Silva, I use quickbooks online for bookkeeping and I use a "Profit First" approach to managing cash.

Shoot me a message and I'd be happy to share how we approach this situation in the state and individual cities. 

Is there a method to the madness or just a shotgun approach until you find one that works?

Other than the costs of setting up the STR PM business itself, there are relatively few costs to the PM for taking on a new property.An MTR operator is usually approaching LTR owner with a proposal: to rent their unit at the advertised rate as a long-term tenant.

Where I buy, which I think has some of the best price to income ratios out there I recommend a minimum of $185k cash on hand (for the DIYer) and $220k-$235k cash on hand for someone looking for a hands off approach.