I have to vouch for them as the process is very smooth, they are very nice and accommodating.

Limit the DIY. find a way to transition it to contractors/handyman.

I still love what I do but I know that it is time for a change and am planning on a 7-10 year transition to not needing to work for a living.

Would have bought a  400 K SFH house  which can do STR and if not would be good to do MTR or LTR if the STR approach failsThis would have made my feet wet, got me money and I would have learnt the following1.How to get lenders for loans3.How to create LLC and use umbrella policy4.Build a  network of lenders, PM, contractors and cleaners5.Learn how to transition to MTR or LTR if neededThat would have been my approach to get a  quick start else I would have wasted months  on figuring out what to do:)

Although Tulum need not have as many hotel rooms as PDC, understanding the current demand for Tulum can help identify the sectors with the highest growth potential.It's worth noting that many STRs are now transitioning to long-term rentals due to an oversupply of rentals and a shift in preference from Airbnb.

This means you can swiftly transition out of the business while securing your financial interests, without the hassle of seeking external financing or dealing with traditional lenders.

Selecting areas: Look for neighborhoods with high growth potential, amenities, and public transit when choosing places for house hacking, especially in big cities like NYC.

If you won't be renting to someone you know, it can be difficult to get this as you're transitioning into a new property (hard to sign a rental agreement, if you don't know when the property will really be ready).

This area is pretty hot right now in my opinion given it is transitioning, but all of it is rent-controlled for older buildings.

Hello Bigger Pockets Community,
I'm an investor with experience in commercial and industrial spaces, now moving into residential land development in Georgia and the Carolinas, focusing on large tracts up to 100 acres...