You just need to ensure you find the right local team to ensure the property is in a good location & well managed! 

Secure pre-approval for the second mortgage or HELOC before committing to the builder to ensure a smooth transaction.

To ensure your STR performs well, do your kitchen and bathrooms need to be fully renovated and updated?

How are you handling offers and contingencies to ensure smooth transactions?

I've worked in technology sales/mgmt for 28 years and have done well, but probably need to work 5 more years to ensure a comfortable retirement and legacy for the kids.

Save and wait unless you can find a killer seller financed deal.And by relative willing to lend  you $2000 - you will want to ensure it is a gift (a true one).There is a difference between lend and gift and it can have a meaningful impact on if those funds are valid for financing sake.

I've also been revisiting my negotiation training to ensure I'm prepared for the shift away from MLS-disclosed commissions.I’d love to hear how everyone else is preparing!

Tenant Screening: Ensure you find reliable tenants.becoming an Investment-Friendly Real Estate AgentAs you gain experience, and consider becoming a real estate agent focused on investments.

I’m looking to work with a broker who has experience with self-storage transactions to ensure a smoother process for a first-time buyer.

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.