All  real estate activities fall somewhere on the spectrum, with say owning a real estate brokerage at the extreme ACTIVE BUSINESS line and investing in a REIT index fund on the PASSIVE INVESTMENT line.  

Carbondale real estate has always been extremely cyclical.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

MINO lending is extremely reputable and gets the job done. 5 stars recommend. 

Getting into real estate is tough as it is, and coming up with the down payment can be extremely difficult, especially if you don't have the income to support it.

The reason being that yields are extremely compressed in coastal markets.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

If not, I'd tread extremely lightly. 

He does this in extremely busy cities where flights get delayed and people suddenly need a place to stay, and often check Facebook for recommendations. 

@Rich Emery if you're not EXTREMELY organized, you'll spend every day with your "hair on fire", making critical mistakes that cost your clients - and you'll get burnt out.Don't forget to research the licensing requirements of PMCs.