My wife and I have collected every rent check for over a decade now, one of the reasons behind this is by avoid those less desirable areas. 

Develop a clear investment plan that outlines your criteria, target market, and desired outcomes.Start Slow and Scale Up: Real estate investing is a journey, not a sprint.

A friend and I recognized that we both have a passion and desire to pursue rental investing in our future.

In reality, finding tenants is quite easy, especially if you follow these steps to reduce your risk of vacancy: Living in a growing city in a desirable location increases your chances of finding tenants.

I want 2.5%” The truth is that the rule changes are not going to produce the “desired effect” of limiting commissions or making home buying more affordable.

Also - happy to be a resource for you if desired throughout the process!

Consider how much time you can realistically dedicate and what outcome you desire whether it's steady cash flow, long-term appreciation, or a combination of both.

I think the location will make it much easier for us to rent and hopefully reduce turnover.Once our offer was accepted, we sometimes felt that our agent was not fighting for our desired terms, but rather just trying to close the deal.

I will come back to this and post more but finding a good realtor in Investment world is worth its weight in GOLD! 

Maybe in 5 years the location is more desirable and gets more attention as a STR.