Beutiful property that provides quality housing for an underserved market that also makes good money.Lessons learned?

You have to determine what is the quality of person you are trying to collect from.  

All the freelance sites basically provide the same low quality results (they usually have sites where they farm backlinks) and can increase the "toxicity" of your site but for pennies on the dollar of what local companies charge, it's not a bad start.The best way to increase SEO over time is Blog posting though, and it's free. 

It's all about quality. 

It's ok to bypass scalable appreciation in your town in favor of a property in good shape or that you can put in good shape that will consistently cash flow with decent to quality tenants.

I always tell them: I teach you to be the founder and person in charge who pays those you hire to provide what they promised at high quality with minimal effort.You can be that founder anywhere in the world that has an internet connection and when Starlink is fully build out, literally anywhere in the world.Happy to tell you in a chat how I do that

I will be exchanging out and purchasing something around 250K with the proceeds which will in turn bring higher rent and a better quality of tenant Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Obviously there's a lot I don't know about your deal, but using napkin math and your figures, Id go for it - I think $1600-1800/month is realistic depending on the area at that valuation (just guesstimating the neighborhood quality based on ARV).

Are their listings detailed with good-quality photos?

You'll save on labor costs and have better quality control.- Start small: Begin with a modest project to learn the ropes without overextending yourselves.- Create a detailed business plan: Outline roles, responsibilities, and how you'll handle decisions and potential conflicts.- Build a network: Connect with real estate agents, wholesalers, and other investors to find good deals.- Educate yourselves: Learn about local market trends, zoning laws, and permitting processes.- Set realistic timelines: Account for your full-time jobs when planning project schedules.- Budget carefully: Include a contingency fund for unexpected issues.- Focus on high-ROI improvements: Prioritize renovations that add the most value.- Document everything: Keep detailed records of expenses, work completed, and agreements.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.