There are a lot of ways to crash and burn, so increasing the odds of succeeding long term should be your highest priority. you can always sell your local assets once you're comfortable managing rentals and ready for a market that better-suits your criteria. btw, kudos for being self-aware of your limitations.

Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

It counteracts human nature, which is laziness, greediness, self-centeredness.

It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!

Managing 17 shopping centers and selecting sites for new developments is no small feat—kudos to you!

The analysis also reports that new multifamily development will “remain near the average recorded over the past five years”.Integra Realty Resources’ 2017 Commercial Real Estate Trends Report ranks Pittsburgh #2 on its Top Markets by Multifamily Transaction Volume Based on YoY Change.Pittsburgh’s rental vacancy rate has declined by 25% over the last five years.Pittsburgh is booming with developments (see reference #6), “there is no better place to be a developer right now than in Pittsburgh.

I am a Real Estate agent, investor and developer in central Houston, feel free to reach out with any questions. - Chris Kersey 

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.

I've self managed in the past but managing other people's properties is new.