If you're in a high-cost area, consider out-of-state markets where you could buy a rental property outright. 

John,  I’ve had friends move out of the Cahokia market because they couldn’t find good property management.

Feel free to reach out to me.

I was able to rent the garage to a seasoned electrician running his business through there only coming in and out to stock his truck once per day.I hope to be able to convert the second floor into an ADU as soon as Feb 2nd rolls around.

Look at the article here: https://www.uhaul.com/Articles/About/U-Haul-Growth-Metros-An...If your interested in learning more why I invest here in the DFW area feel free to reach out directly to me.

If a faucet goes bad and I grab one out of the warehouse who did I bill it to the first time, and how do I change the books to reflect who got it? 

It would have been better for me to hire this out instead of doing the work myself.

The seller was moving out of state and needed to sell.

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

I am just starting out and have 1 STR.Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.Self managing STR properties, from afar, while maintaining other employment, is only a possibility because of the new technology made available in the last 10 - 15 years.