additional challenges are the inventory shortage and good contractors being extremely busy. 

A lot of universities have students that need mid term housing due to graduation dates, mini semester programs, etc. and I've found if you approach them and offer them a solution to this problem, they are willing to work with you and help send business your way. 

The market is booming in both the business and real estate sectors.

Consider petitioning your GP to stop their side business of disseminating long-form life, parenting, and fitness advice on Twitter and focus on salvaging what can be salvaged of the current portfolio.If you are considering buying: Squirm a little longer.

REIAs are a business and they need guest speakers who 95% of the time have something or service to sell.. informal meetups are a waste of time in my mind hate them.. boring.

Currently I and my business partner own 2 town houses, one is a 4 bed 2 bath.

It seems like every city, county, and state has its own rules, permits, and tax requirements for short-term rentals, and I’m finding it overwhelming to navigate all the different layers of compliance.For example, some places require business licenses, transient occupancy tax permits, or even special zoning approvals.

They don’t have any law firm they work with, that’s all BS they list NPL for title and note holders.I buy and Sell a lot of homes, I have worked with all types of Business as well that do this, PREREO is nothing more then a Wholesaler, nothing special about this place.

@Nadia Jones Starting and running a fund is a separate business because it's something that you need to actively market for and regularly work on attracting capital to invest in. 

You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.