Your expertise could prove invaluable as I navigate this exciting but complex process.

For my clients buying this as a vacation rental, even if they got coverage and could rebuild after a fire, the value of the short-term rental in Colorado would be ruined b/c no one wants to visit a scorched mountainside.If you're an agent like me working with STR/second-home buyers, or your just buying yourself, navigating the wildfire risks and other natural-disaster risks of a home are now part of the transaction.

I'm particularly interested and seeking immediate opportunities in multi-family properties and look forward to navigating this exciting journey alongside fellow investors.I'm open to advice, suggestions, and constructive feedback as I embark on this adventure.

Be patient, stay curious, and keep learning as you navigate both worlds. 

If the website is hard to navigate, give them a call.https://www.nj.gov/dobi/division_rec/licensing/reclic_menu.h...

If you’re interested, send me a DM and I’ll send you a free zip code guide we offer to help navigate the Memphis market or if you’re interested in talking more!

They can help you navigate the feasibility and potential challenges of the conversion.

The Midwest in general, can be typically like this.At our property management company in Cincinnati we have a significant amount of out of state investors (many in Cali) and they love our market because like you said, there are opportunities for lower priced homes compared to where you live.The biggest thing in my opinion is to find the right Realtor to help you navigate the different neihborhoods in Cinci as I believe it'll be very difficult for any out of state investor to TRULY know what they are getting into without a very good Realtor.Reach out directly to me if you want to chat more! 

Hey Nathan, I just Joined as well and I am interested in mutually navigating an environment that is new to both of us.

@Kyler Pace The rules governing prohibited transactions are straightforward and navigable.