Quote from @Laura Yelin: Hello BP'sI like Sherman...I lived there for about 3 years many years ago and still sell and rent there.It's a slow wealth building market in my opinion, not get rich quick.Mostly blue collar stable town.

I don't live in CA, and wasn't aware of the Prop 13 passing to the next owner if it's parent to child and both live in it as their primary.

My plan is to live there for a year then move out and rent the 4th one.  

Im new to BP and excited to connect and engage in discussions here.

I am currently living out of state so I have hired a property management company to handle this task, however, my home is still sitting vacant with very few prospective tenants.

Or 7-14 day inspection periods."

I live in Harlem but work downtown so if I have to go to the building it is not too bad after work.

I was laid off by a big PM company and prior to being hired by that company I had already made it a goal to open my own some day.

Hey @Spencer Cuello, so you will find most of us aren't fans of arbitrage.I see you listed NYC so you know that you can't do a STR in the city unless you live there.IE: You need to be onsite, living in the same unit you are going to rent.As per usual...

I have owned 3 homes in the past that I lived in.