And proximity to hospitals is key, within 15 minutes is what I seek.When I was trying to determine demand for our area, I selected about 20 listings near the location I was focused on, and tracked them for several months.

Airbnb came out with a new co-host option where you could get paid for your services to assist owners by selecting % of rents...maybe have him pay you 99.9%?

Once you have selected this market, begin doing researching on the current regulations as well as the political climate regarding STRs in that market and whether or not there are any upcoming proposals on the market docket that may shift or change the current regulations.

It is crucial that you select a company that provides a “quality” cost segregation study as determined by the IRS.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.

Same as you'd screen anyone else with very close attention paid to which parents you select to guarantee the lease.Are there any specific clauses I should include in a room-by-room lease for a shared living space?

I looked at the market and see there's a large selection of 4bed/2bath homes in your price range.

I would say that a good strategy would be to first select an area that you actually want to invest in.

Understanding the intricacies of the area they’re building in is crucial, as it reflects their intentional selection process.