However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.

I used to think that cold calling was the only way to get off-market deals.

@Todd Anderson totally agree on finding a mentor in the market to learn from.

The markets have changed quickly, and what worked 5 years ago may differ significantly from what will drive success today.

Rules vary significantly, and you need to be aware of licensing, taxes, and any restrictions.Local Market: Analyze the STR market in your target area.

Wayne market? 

Unless you spend money trying to find off market deals..

You need to either, hire a competent property manager or GROW a BACKBØNE and manage your properties.  

That being said, and this is not for a sourcing homes for sale, but to source accredited investors in my line of work, the average marketing agency is looking at about $30-50/accredited investor lead setting up a call. 

I have been investing in the stock market for 5 years and I am now transitioning over to real estate after doing my research on real estate for the past two years.