My piece of advice would be to make sure you have a great agent in your corner to help you assess the market, make informed decisions, etc. having a good agent can be day & nights difference when it comes to your experience.

No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.

This conversion will begin at the end of the month.I am just sharing the above to give context to my level of experience with this type of investment.I look forward to hearing from you all.

I have personally been the guy who hasn't pulled permits and got caught...by far one of the worst experiences of my investing career.

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

Are you set on starting with a larger property, or would you be open to beginning with something smaller to build experience?

I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.

You take your share of distributions if/when there is money to share.And then I go back to the person with money.

Within my 20 years of experience, Theodore, it's great to see proactive agents like yourself getting out there!

@Tim Delaney is an investor in the Buffalo market and shares many of your views on its long term potential!