Hello everyone!
I was on here pre-pandemic when I tried the STR market. I’ve realized I need more passive options, and have moved to a syndication and private lending.
However I have a contractor who I’m consideri...

So the the value of the house is $260/SF but the seller is trying to sell it at S$296/SF because of the furniture.

It was a 1962, ranch-style house with blocked galvanized pipes and a busted water heater!

When entering the apartment, it just feels like a house full of squatters. 

We had no experience building a house from scratch but I did have a bank willing to lend to us.

A three bedroom house for 800/mo is crazy low!

But, it may not offer the ROI as other locales, and it may not be "fun" like buying in a favorite vacation spot.2 - The highest ROI folks - Self explanatory, will go where ROI is high and/or regulation low.3 - The second home/retirement minded - These people are looking for minimal ROI but want the house in a specific location because they like to use the property and want it to pay for itself.

A PM sends someone for maintenance and that's valuable info on how the house is being treated.

Always use a property manager to keep your real estate investments as passive as possible and keep you compliant with Fair Housing laws.This way you can learn to manage the property manager and learn from experience as you go.If you buy a bunch of properties all at once, they may not all fit your buying criteria, there may be deferred maintenance that needs to be dealt with all at the same time, and you will not have accumulated the management experience building your portfolio one at a time.To Your Success!

We’re considering reaching out to local hospitals to offer it as housing for travel nurses and doctors, but we’d love to hear any advice or suggestions on the best approach this?