I know many others looking to get into the game join communities like Jake and Gino and other syndication groups.

Watching a Browns game in the stadium on Lake Erie with a wind chill of like 8 degrees is what we consider freezing winds out in Cleveland.

From the lenders point of view, they want to see that you have "skin in the game" that way if you do run into any complications, you'd be more motivated to address them as you are invested financially in the project yourself.Regarding the tenants, I'm a bit less experienced in that regard.

Hi Shrijan,Welcome to the forum.Personally, I'm not a fan of out of state BRRRR.On paper it all sounds good and great but I've been in the game long enough to have witnessed otherwise.I would always advise doing BRRRR in your own market if possible.There are too many links to a chain with this approach and if one link is faulty, you chain becomes useless.Otherwise, (Yes, I'm bias lol) an alternate solution is buying turnkey.Wishing you much success 

I'm not sure how much of that is going on right now, but I'm sure there are always traveling nurses and doctors coming into this area that need short term housing.A lot, of property management companies will only do a minimum of one year leases, but I think there is good value to be had in the short term rental game, as long as you have a good strategy and a management company that is align with your vision.When I was leasing full-time, I used to get a lot of calls from insurance companies who have clients who's properties have been in a fire or some natural disaster and need short term housing, and they're also willing to pay a lot higher than market rent. 

Faster you get in the game and learn, the faster you can acquire the skills to do it for yourself.

Those have been buzzing around and I'm now looking for this option to get into the rental property game.

They likely missed their deadlines or the tenant is an expert at gaming the system.

That was the last time they game me anything.

I'd suggest to connect with a local investor friendly agent and make a game plan to get your first house hack.