What works best really depends on your goals and risk tolerance, but here’s a quick rundown of what I’ve seen happening in the area:STRs: These are still solid in vacation-heavy areas like Naples, Fort Myers, and the barrier islands.

Network with experienced investors, choose a real estate strategy, research markets with job and population growth, learn financing options, familiarize yourself with property management, develop a long-term plan, and leverage your stock experience to evaluate markets and trends.Good luck!

Rent probably around 1400-1500/month depending on finishes and exact location.The number simply don't work well in Huntsville right now.

Depending on the rents and condition of the property, you could find a value or at least a price that would cause it to sell.

@Manuel Angeles affordable deals depending on size can have multiple funding sources….

Richmond is a growing market with strong tenant demand from young professionals, families, and college students, depending on the neighborhood.

Short answer: Yes, laundromats can be profitable, but profitability depends on a few factors.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

I just want to get the management side of things right if I were to commit virtually all of my resources to it.Best,Dustin The rule of thumb is somewhere between 80 and 150 units is when you will need FT maintenance (depending on age and amount of deferred maintenance). 

There are many good companies around to choose from.