Most investors are excited AND simultaneously nervous on their first few deals!

However, I do know 2 investors who have purchased 70+ unit properties via seller outreach, but it takes time.

However, I do not invest in Philly or Pittsburgh I have 12 years of experience helping investors with multifamily homes in PA.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

@Rosalyn ScofieldI always suggest that investors and homeowners avoid home warranties.

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not? 

Since rent range is pulling from property managers the data is cleaner, because so many self managed property investors market their property way too expensive and they will never get that rent, it is just hopes and dreams.

On the other hand, the states with the most significant population declines are New York, Illinois, and California.For Real Estate investors.

However, I received some feedback from one of my partners that the play here would be for an investor to subdivide or re plat the land for a multiple tenant situation.

I would also add that you join your local REIA chapter (Real Estate Investor Association) as it will allow you to network with other STR owners and get more location-specific information.