Having issues with getting quality tenants in the home.

You won't be managing from afar, so find a quality property manager before you find houses.

Key factors include the quality of the renovations, market conditions, timing, appraisals, and presentation.

(Location of ads or quality of ads/photos.)

Hey @Matthew Samson, regarding "figuring out the financials" for 0-5 small properties, you can do this easily yourself just using excel or another free method.

The potential issue is that he may have gotten his interest rate when rates were lower and you may get the deal at a higher interest rate which can potentially have the deal at break even or at a loss.The quality of the deal will depend on what your net income is and what you are putting into the deal.If in the above example and you have the same net income, the deal sounds amazing if you are putting in $200,000 because you have a 10%+ rate of return.But if you are putting in $2,000,000 the deal is horrible because you are making 1%

@Maxwell Hinesshort term - BRRRR method, for example.buy with cash or hard money, rehab with HELOC money, then refinance and pay it all back.you never want a HELOC as part of a long term situation.

Preferably, you or the seller have a method that can be set to autopay to make both of your lives easier.Hope it helps!

I would use AirDNA and "the enemy method" to see the most successful STRs in the area.

Checking online reviews and ratings can also provide insight into the reliability and quality of a handyman's work.