Having time to do the work was the biggest benefit.

Conventional owner-occupied mortgage rates are above 7% today (source: Mortgage News Daily - Mortgage And Real Estate News).

The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented. 

This portal provides owners with full visibility into all reservations, allowing you to see detailed booking information, including rates and sources like Airbnb or Vrbo.Transparency is crucial for building a successful business, and platforms like Guesty enable real-time access to booking data, ensuring owners are always up-to-date with rates and reservation details.

What are the best sources or methods you use to accurately set rental rates in your area?

The biggest challenge we faced is the property's proximity to a railroad, which has proven to be an impediment to the sale.

We vetted a  handful of "turnkey" companies and REI Nation was the best in terms of reviews across multiple sources. 

If you’re just looking for money to fund deals and you’re thinking the source could be IRA money then it shouldn’t make too much a difference to you whether the investor uses their personal funds or IRA funds.

So far the biggest challenges for out of state investments has been finding reliable contractors or help to complete projects on time and under budget.

Meet ups could be a good source too since you’re in a big market.