Since this is my first project, I’m very open to any advice or suggestions—especially regarding potential obstacles I might not have considered.

There are definitely risks that will be completely outside of the auction house.

It was recently purchased in December 2024, which aligns with the timing she mentioned on the phone.However, despite all the communication being professional, I’ve had trouble finding additional information about their business online.I’m wondering if I’m being overly cautious, but I want to make sure everything is legitimate and avoid any potential scams.

Quote from @Brian Dolbeare: I’m considering purchasing a small multifamily property in Pittsburgh that I really like, except for one potential drawback: it has 100% street parking.In my current market, lack of off-street parking would be a significant negative, especially during winter.

Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.

some hype but also a lot of good information.also remember: seller finance of a paid off asset, lower risk. 

As long as you're doing that, there's always a risk, and 50 years from now it will probably be illegal everywhere to operate STRs in residential zoning, just like it's illegal to operate a steel mill there. 

Home is potentially upside down on mortgage (verifying that) and current owner wants too much for the house.

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential! 

It's easier to scale with multifamily properties due to income potential and operations.