How does it work? And

This will consist of finding a good deal that requires some work and is below market value, and making sure your contractor is accurate with the budget and executes the work as stated in the contract.

A STR is a completely different animal in my opinion, in that it requires more work and much more compromise, but financially is worth the effort. 

All states are good to buy multifamily if the numbers work and it fits your buy box.

I am looking for a property around $500k, single with a remote work and side hassle.

Stop with the gadgets, the AI and all the crap out there that offers you "shortcuts" for lead generation.THERE  ARE NO SHORTCUTS.The reason I am successful generating leads and most of you are not is because I did the gaahdamn work, the research, the testing, the tweaking and I perfected this.

This helps minimize upfront work and risk, and rental prices are appreciating.The key is investing in a growing market with strong neighborhoods and building a solid team.

MInd you, we've gotten really good at our scopes of work and we have one of our GCs go through the property with us to give us our scopes of work.

I get nervous about it but then have to let my rational brain work and say, I own an out-of-state property and I own another property in LA.

I can say I'm biased because I'm located here, but the numbers work and it meets all your conditions.