I purchased my first buy and hold SF rental property last year and turned the property into a student rental as it was very close to a local College.

Originally posted by Account Closed1) https://www.youtube.com/result...2) https://www.youtube.com/result...a simple google will find details on tax strategies for RE investors, just find a good local CPA who can work with you and is knowledgeable.  

Granted there is a cost in hiring an agent, Having someone analyze each deal with localized knowledge is worth its weight in gold.

I live in Tacoma, WA…a lot of folks don’t want to deal with having to learn the local housing laws.

Thank you all who responded, I plan on spending some time driving the neighborhood and talking to anyone at the local coffee shop who will talk to me. 

And you are local!

Unless you use a local professional familiar with the market, who you trust, best way to know a good deal is to study the market.

Always research local regulations before investing.The Importance of a Local Investment TeamA knowledgeable local team is essential for success.

Make sure you check the local ordinances / zoning and talk to the local administrator to see if you can do what you are planning.

Locally my observation is that the need is more for low income young and working vs college student.