Much like other markets in the Midwest, investors go to our market because of the low barrier to entry.

our first baby is officially on the market and i have mix emotions but more happy because im excited for the next chapter !

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

Can you please share any information on properties or markets where you are that can help guide my search?

Each REI investor will have definitely grown either in knowledge, experience, or current market situations since their last podcast.I view the BP Forum posters as the free/easy entry into BP product lines. 

We are in Sub-markets, which have led us to having a very small general contracting pool and can't find any contractors to keep up with demand.

They are just regurgitating marketing 101 trying to sell the holy grail. 

The strategy may change, but every market can work.

Currently you have a STR lease and can effectively move anywhere the job market takes you.