Alex, We manage properties in many CT towns and cities but the ones we see doing the best:3+ bedroom rentals (usually SFH's): I like CT places with good school systems as families tend to flock to them and stay longer.

The city has been re-inventing itself over the last decade, downtown looks very different, we are currently getting an upgraded freeway system and you see a lot of new developments.

Competition..However, most investors are not aware of off-market properties..But not any off-market, the undervalued ones.These Deals are gold..Most investors don’t know how to really get them .Some do direct mail , cold calling , chasing people down and begging for deals.And except to get those deals.The Thing is those deals are not on the radar for a reason.And to get those deals, there is a very simple set of requirements that need to be met and systems that have to be implemented .Once you know these requirements and systems, it's just a matter of executing them properly and with consistency..And the undervalued off-market deals will come to you.It really is that easy….I’ve getting off-market properties for over 3 years now without even working to get them.Like 2 years ago I got this off-market deal and it was just a piece of land in the desert .For real .And I took it for 20k.No one I know didn’t make fun of me.They call me stupid .But I trust the requirements and the systems.Now 3 years later this land is worth almost $700.000 ($642k).It's all thanks to the fact that I can find undervalued off-market properties..And no, I start with nothing and zero connections..But that doesn't matter, because you don't need to have the connections, to be a sweet talker or have millions in the bank.If you’re sick of finding deals .Then all you need to have are requirements and systems to get you off-market deals.But please just don’t think that cold calling is the way.It’s sad.I will write another post about the systems and requirements to get those deals.just be open-minded that there are systems to get off-market deals.And that’s why some investors make millions and some don’t .They have step-by-step systems that guarantee getting those deals.Thanks for reading,

Also work with a realtor who can easily plug you in with their systems and network of GCs, PMs, lenders, etc.

Goal setting: Lots of different sources - using the well-known S.M.A.R.T. goal system for setting goals.

Kind of like newbies and yellow letters but more in-depth. the guy who got taken down was charging money to learn the system..

It’s only through investment of capital for marketing, software systems, lead generation, call centers, attorney drawn contracts, title searches, etc. can someone establish a VIABLE business.  

You also have to have a system in place to vet your guest (which Airbnb doesn't do anyway - all they do is "verify" their identity), create a lease agreement, accept deposits and payments and issue refunds of deposits.

I'm wondering if a simple board of director's vote could add a lease management clause with an annual management fee, or if there would need to be a quorum and majority vote?

I'd say that the closest thing to this we used was an automated system that allowed inbound callers to choose to be on our DNC list, or to be connected with one of us.