I am local to the Memphis market here and like others have mentioned communication is key.

Always good to connect with others in the space, especially in the Orlando market.

There are no laws restricting mark-to-market rents. 

Insurance is something you don't need until you need it....In my market the city requires a certain kind of policy in order to have your permit issued. 

If I'm a criminal for transferring deed without asking for the banks permission, then all these banks are 1000x as criminal because they sell our mortgages in the secondary market all the time without notifying us.

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

However, there is a specific deal Which I find hard to understand the ARV for.It is a Single Family Home, 2 Bedroom 1 Bathroom, 850 SQFT.These two comps have a price gap I find hard to understand, even when considering the difference in renovation level.If anyone knows this market well enough to understand the cause of this difference, and if it might be due to an issue with the location, or if there is anything I am missing.Comp 1 - 1011 Elm Street, Burlington, NC, 27217 (120K)Comp 2 - 1109 Walnut Street, Burlington, NC, 27217 (120K)Comp 3 - 1505 N Park Ave, Burlington, NC, 27217 (180K)Thank you!

I am particularly interested in:Understanding the fundamentals of wholesalingNavigating Texas-specific real estate laws and regulationsBuilding a strong network of cash buyers and motivated sellersLearning effective marketing strategiesAnalyzing and evaluating dealsIf anyone is willing to share their experiences, tips, or resources, I would greatly appreciate it.

I think it's the best market in the whole country in my opinion.

On market with motivated seller - negotiated $175k off list price How did you finance this deal?