I have built around $80,000 in equity due to appreciation and plan to hire a company to manage the property and start to cashflow instantly.

I was analyzing a four plex and realized there are beautiful apartment complexes being built nearby.

We built our personal home from dirt up and while it definitely can be more challenging, you will capture additional value vs buying new if it is done correctly. 

A lot of these southern beach & mountain towns have been supporting STR for 75+ years, long before Airbnb was a thing, so they’re very comfortable with it and it’s a built-in part of the community.A lot of Northern places are FREAKING OUT over STRs & STR regulations & they don’t seem to be very supportive of it.

There are some general rules but there is also room for flexibility built into the tax code depending on your specific tax strategy.Is your duplex separately metered?

Any insight on this topic will be appreciated.Hi George-My husband is Dominican and we operate a STR in Samana we built from the ground up.  

Structural/foundation 4.

Some of the projects were with a local partner as well and then the managing chores were split between us.The lending perspective was stiff in the beginning, as I didn't have any experience at all, also no credit score, and that project was only by myself, so the leverage was low, but I could work on a low-price property to start.Fast forward 5 years, I have built a credit score with 2 credit cards under my ITIN of more than 650, and done 4 properties as experience.

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team

Pretty user friendly and purpose built forReal Estate.