Start small with manageable properties, mitigate risk with house hacking or partnerships, and stay active in the community.

Quote from @Sandeep K Mamidi: We have over the years bought and sold several rental properties in FL, AZ and TX (Pretty Passive)Want to become more active with Flips and grow our wealth using innovative strategies and expand into Multi Family Real EstateCongrats.

The tahoe STR rental activity is down this year compared to the last 5.

Quote from @Marc Shin: why do some investors try to put their new STR's into service towards the end of the year when there is very little active income to offset? 

This has been discussed alot on here.Some people seem fine with no cable.I have nice vacation rentals and provide an easy way to watch live sports, news etc.I provide cable channels or you tube TV.In my listings I state up front that I provide cable channels because I'm not cheap that if other people won't provide this what else are they cutting corners on?

Don, one little tidbit,  when I was very active buying courthouse steps, and pre foreclosures I would find that borrowers would pay on the second but not the first ..

Quote from @Tessa Booth:I try to get the appliances for some active flips or rentals during the sales..

So what you need to look at is what are active flippers paying for properties, and what are they paying to rehab them.

No one has abused the policy as the only residents who've activated it have done so during a period of their own hardship (e.g.

That means calling the inspection office to see if they have an open permits, if it is in fact a legal x unit, does it have any housing violations, has their been any police activity near the property, have any of the current tenants had an eviction on their record.