The area had stalled after the 2008 downturn, but he saw the potential for growth, just like you did.He held onto the property, renting it out and watching the neighborhood gradually come back to life.

With lower entry costs and solid growth potential, he was able to snag a couple of properties that started generating positive cash flow pretty quickly.Sometimes a new environment brings new opportunities.

There are many markets in landlord friendly states that offer cashflow and because of good growth, potential for appreciation.  

If the scope wasn't necessary, then make a point to inform them they are not to handle those types of tasks in the future. 

What we've found (our opinion):Virtual Assistant (VA): great for task-based work, but they won't care about your company, clients, etc.Remote Team Member (RTM): COVID allowed many to work from home.

.- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Low property taxes, landlord friendly, weather is reasonable, close to Lake Tahoe and lots of enjoyable areas in CA, strong appreciation, strong rents, population growth, diversified job growth, limited land allows for significant appreciation outlook over time. 

The results were similar during the COVID-19 pandemic.Between 2013 and 2023, the annual average appreciation and rent growth exceeded 15% and 8% respectively.Vinay, I applaud you for wanting to help people.

In phase 2 of my growth as a REI, I would have the contractor do the shopping and used Home Depot’s “text to confirm” system where you can see all the items the contractor is purchasing (with pictures, quantities, and pricing), and then you approve the purchase (or deny it) with the credit card on file.

By and large, MTR residents are coming to work (or for relocation due to flood, fire or wind), and they approach finding housing with their analytical brain, not the emotional one.It's also not uncommon that the person tasked with finding accomodations for the MTR resident isn't going to be staying there at all.