Local banks typically offer lower interest rates but might require a solid track record and detailed financials.

House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer

@Iliana Herrman while your local market may feel safer there are also markets that will withstand market downturns and appreciate.

Ultimately, a “win-win” keeps your tenant profitable while ensuring you’re not underpricing your asset.As for notice periods, definitely check your local regs, from what I’ve heard.

This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area. 

You should talk to a local appraiser to get the best opinion.

This is why is is extremely important that you use local resources who own STR's in the area or manage them at a bare minimum.

We have a Chicago general contracting business, and handling the field operations is a ridiculously heavy lift.As far as finding customers I think you'll have some good success with gorillia marking at some of the local investor meetups. 

A local bank relationship How did you add value to the deal?

Waco, Dallas, El Paso, TXIndianapolis, INPittsburg, PALooking to connect with locals who can help build a boots on the ground team as well.