Welcome to the community and be ready for a huge amount of information at your finger tips.

You can learn about demand, running an airbnb, and all the moving parts.

Winter always sees fewer people moving, but a lot of people were transitioning for the last 4-5 years.

The goal is to move into another property by spring 2025 to do another live in flip and keep this property for a few years at least.What made you interested in investing in this type of deal?

We all know how expensive the market is in the area and this presents a particular struggle for me as I can't just move to a cheaper area.

Quote from @Celine Besson: Hi everyone,We recently moved from Memphis, TN, to Montreal, Quebec.Before leaving, we planned to invest in a small house, renovate it, and rent it out (Ultimate goal would be to BRRRR).

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

Before bigger pockets moved the rent estimator to pro users only it estimated rent to be around $975 I don't know or have anything to go by but I thought that was high.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

Again your only getting general information in some states the land contracts can be voided that quick but other states you MUST go through a full foreclosure and then if they dont move a full eviction I KNOW i have been there done that. ..