Honestly, I don't think there's a one size fits all or a right or wrong way to invest in real estate.

This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes. 

Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 

A good friend of mine, managed a similar transaction last year: he merged several single-family homes around Florida and exchanged them for a mid-size apartment complex in Chicago.

Also consider how you plan to finance your acquisition and what size business is feasible based on your current liquidity.✅ Focus on making a good first impression and building rapport.This starts with getting honest with yourself about what you’re looking for and how you plan to execute.

The deals I’ve found so far (and to be fair, it’s not a huge sample size yet) seem to make sense and pencil out under this mindset.

Nice size to startwith, but not large.His particularsituation is he can retire in 12 months with significant pensionpayments and 401k funds, at the age of 56.

For example , the rental amount doesn’t depend on number of bathrooms, garage, basement status or property size.

MLS has it as a single family residence, 3 bedroom, 1.5 baths (actually has 2.5 baths), approx 1500+ sqft, 9k+ lot size, 2 car garage, back yard. 

So, for OU (open use) they have gone back and forth whether they would or would not allow based on lot size or otherwise a STR in that zoning.