That should help keep things running seamlessly!

I have invested in a few deals out of state🙌 What are you most looking to get out of BPCON 2024Networking - looking for people who invest out of state and how they operate.

Tech and AutomationProptech Trends: Automation tools, including property management software, dynamic pricing algorithms, and remote monitoring, can help streamline operations, especially for mid-term rental properties with frequent tenant turnover.Digital Marketing: A strong online presence and effective digital marketing strategies can boost visibility and help you attract mid-term renters.

Are there specific tools or systems that you recommend for remote management that could help streamline operations?

If you plan to operate the entire business, that will be work.

What I learned is that student housing doesn't operate like multi-family, even thought technically it is. 2 different animals.

Just make certain to build a relationship with a reputable turnkey operation who treats the city like it’s there own backyard, specializes in section 8 and has in-house management as well as day in and day out boots on the ground crews, etc.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Mostly I find parks that are owner operated and the owners are getting ready to retire.

If you don’t have a contractor yet...put the brakes on your whole operation until you have a great contractor and a backup as well.