@Travis Timmons thank your for sharing these details in your personal experience.

Neighborhoods there are usually in better shape (although Baltimore is very much block by block), and in my opinion, the quality of the tenant pool is much better.Oh, and great idea checking out the properties in person—the pictures you see on the MLS can be very deceptive lol.

@Sha Sing no i haven't heard of them but maybe if i knew their names i might know them from my investor group - shoot me a PM if you want

Second- these developments where the same person develops, builds, and then requires you to use them for management- they always suck.

My name is Austin & i am sorta a new wholesaler out of Maryland!

I'm also in a 5 person group within gobundance called a 'gopod' and we meet weekly.

All investments and assets are in the name of the special purpose LLC instead of "name of custodian FBO Jim Bob's IRA".5.

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Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal:  $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.