@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

But just like a lot of things, what is increasing here, could be decreasing in a few cities over.

Then talk to a qualified, professional QI like @Dave Foster.

house was built half way onto my lot.. owner of house went to court he only had to pay what half of the lot was worth at the time.. so no big win.. more like a big hassle

We have a potential buyer of a lot in St Augustine, FL who would like to build a new single family short term rental.

I first like to short list based on numbers and then deep dive.

I like the idea of using a HELOC for value add projects where you can refi in 12 months to pay back your HELOC.

Feel free to PM me if you'd like. 

Having a judge or jury decide the case is considered something like going to the casino from what I've been told by attorneys.That is the risk to the landlord in having a bad PM that does people wrong.

I've handed off my LTR to a separate PM and they want to be named on a general public insurance policy for the unit, but truth be told, I feel like I need a solid umbrella policy to cover the MTR and any claims against myself and husband as the owners of the property.