I am building them especially for STRs, but they will have a cash flow as regular rentals.

Looking for building from 1950-2010 anywhere from 10-100 units.

These cities literally helped build up this country and our economy and I will never understand how much negativity they receive for fighting through adversity and playing the cards they're dealt!

FL seems to have reigned in HOAs recently, so who knows what they are allowed to do.I know that in CA, an HOA can ban smoking in units because smoking is not a protected class and the HOA has an interest in the safety & health of the building. 

You are doing the right thing to build relationships first! 

My name’s Stuart, I’m an agency multifamily lender with Berkadia that finances apartment buildings throughout the Western US with Freddie Mac and Fannie Mae.

I worked with an agent who was okay but I became an agent myself because I became so interested in the industry and want to help other people build wealth and become investors themselves.

If you want to build out a portfolio of multi-family rentals that cash flow to the point of not having a W2, that's one thing. 

Things just require more ongoing expenses percentage wise out of state because you have to pay people to do everything for you and you will have a longer time building relationships with vendors even when getting decent referrals. 

@Audris TienIt Is known in the industry - read the website - logically two people could not manage $1.4B in real estate?