In the Reno market, we have access to hyper-localized and up-to-date rental data and local knowledge of different areas, providing a more accurate picture.Remember, buying real estate is a liability until you sell it, at which point it becomes an asset.

I prefer small Strip malls or self storage.I need advice on how to find the deals, how to get lending on them and then how to set up the structure.I have flexibility to fly out next month is there are peers who can meet and help me out in their local markets.thanks,Paul 

Follow the lease and local statute.  

Just keep the amount within any local rules and give proper notice.

Connecting with local experts can also provide valuable insights to refine your strategy.Good luck!

Identifying the right market can make a huge difference in the success of this strategy.Curious to hear...are you planning to manage the property yourself, or are you considering hiring someone local? 

Get out and rub elbows with local investors by joining a local real estate investor group.

Both PCB and Destin have local governments and communities that actually welcome vacation rentals.

Did you use a local bank that agreed to a Seller Carry in second position?

You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.