Many insurers have left the state so it is important to be able to get the correct STR insurance.Start calling around and get some bids and ideas on cost and fit it into your budget before you start offering on properties.

This will fit your budget.

On the other hand, passive strategy will buy more expensive house at a nicer neighborhood.

It's a beautiful custom home, one of the biggest and easily one of the nicest homes in a so-so neighborhood of Oakland, CA (i.e.

Because they aren't traditional tenants in the sense with a 1 year lease and to determine fit for the house, I like to start everyone on 2-4 month leases and see how they perform.

Purchase price: $340,000 Cash invested: $20,000 I bought a 5-bedroom, 2.5-bath home in a great neighborhood where my wife and I wanted to live and start a family.

There is no one-size-fits-all for markets and salespeople.

If you're gonna look at Cleveland, I'd say you wanna read The Ultimate Guide to Grading Cleveland Neighborhoods before making any buys.

It also depends what type of neighborhood you're buying in though as well.

Instead we recommend all our clients to secure their properties as they see fit.