Hello everyone,
I recently relocated to Eastern Pennsylvania, just outside of Philadelphia, and am excited to start looking for my first long-term rental property in the area. I've heard great things about markets li...

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

@Andrew Steffens hit it on the head, in my opinion.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I have mixed feelings about this as I am of the opinion the government is generally not the best at administering things in the free market, however I have seen first hand some slum lording of STR's and unsafe practices.I think for now if you are in those TX markets you will have to play ball but I think they will keep pushing new rules on you until people push back.

I'd be interested to hear more experienced investors' opinions on this structure.

It's nice to be able to sit down and talk face to face with the personal handling your taxes, in my opinion. 

In my opinion, it's better to make mistakes starting out on duplexes and 4 units than buying a 20-unit after saving up a bunch of money and making a lot of mistakes because you have no operational experience since it's your first one. 

It is the biggest cost/challenge for making rentals work in my opinion.  

The kind of deals that build your reputation for consistently unearthing the cream of the crop.You might think it takes insider connections or secret strategies.