In this situation, I also think you would not be able to finance such renovations because all renovation loans will get their values off of "comps" - meaning, comparable properties surrounding the neighborhood. 

If you start communicating before things get all legal, then that shows everyone in the neighborhood that you are willing to work within the regs and with the neighbors in order to fix issues.If you aren't the problem, things are smooth with your STR, then you want to convince them that they should let things continue and penalize the problem properties and not yours.My 2 cents as per usual.

And I am also going to organize a workshop that the entire GrumpyHerd, should attend where I will show everyone how to customize the sites so it is credible, 100% unique, that it looks professional, and most importantly, that it converts.Keep an eye out for that.

If this post belongs elsewhere, admins please move.Backstory - I am 33 year old organic farmer in Idaho.

As you venture to try and find what cities/areas to buy in might I suggest this resourcehttps://www.areavibes.com/This is a great website to get an over view/starting point for what the neighborhoods are like. 

@Sarah AnthonyStarting your real estate investing journey in Washington, DC, join local REI groups, volunteer with investors, and explore affordable neighborhoods.

Work with an investor-friendly agent, explore up-and-coming neighborhoods, and consider value-add opportunities.

I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags

Focus on neighborhoods with strong cash flow and smaller cities.

Since the goal is to revitalize these areas, property values—both for homes and rental properties—are expected to increase as the neighborhood improves.Community Impact:Of course, the main goal of any investment is to generate a profitable return.