I catch myself saying it all the time when I come across decisions like the one you're facing now and it's worked pretty well.

Just to add mate, the biggest and best turnkey providers even sold for above fair market value.But the market was moving so much that in short time the property was worth more.Looking back, we should have done the same but I didn't believe Toledo would catch up so quickly.Which it did.I laugh now at what prices we sold some properties for.It is what it is...

I've been exploring the fascinating intersection of philanthropy and economic development lately, and it's been eye-opening.

Charlotte market is hot right now, inventory is tight, and building is just now starting to catch up. 

Go in with your eyes wide open. 

I ended up hiring one of my LTR tenants as a house manager to handle all of the cleanings, turnover and provides my local eyes and ears.  

I have had my eye on Atlanta... 

Goes further than the eye can see.

I see regulation as an opportunity.There's zero reason the city/county/hotel business/your neighbor would not catch the Airbnb homeowner.

Being appraisers, we are familiar with estimating "cost to cure" of deficiencies, and we know useful life of short lived items so we can build seller credits into our offers that will help mitigate monthly costs to us for reserves.We are going to take it slow and steady, as I said, with an eye on returns that may not be spectacular but still rival the stock market in a sector of the economy we know well.Thanks for the encouragement @Dave Meyer!!