We haven't found many PMs in our area that do much with MTRs (they are all either LTR or STR focused). 

With 20 years in wholesaling, I’ve seen it’s often best to focus on either acquisitions or dispositions when starting out—it helps you build expertise faster.

Do you focus on networking events, direct outreach, or something else?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

It just focuses on those people that missed out buying a home, even if it was for a minor amount, like the first couple in the article that got beat out by less than $10,000.  

For insurance in South Florida, I’ve heard good things about companies like Citizens and some specialized providers that focus on high-risk areas.

Focus on STR-friendly areas like Newburgh or Highland Lakes, and use platforms like AirDNA to assess revenue potential.

Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.

I want to learn how to do this the right way, without coming across as overly focused on profits.If you have any tips or experiences to share, I’d be incredibly grateful.

Quote from @Faris Wright: As a new investor, I'm weighing the benefits of focusing on appreciation for long-term growth versus cash flow for immediate returns.