Start small with strategies like house hacking, leveraging your hands-on skills for value-add properties, and building a strong team or network to reduce risks.

I will need a strong property manager to help me with the out of state management.

What I am trying to understand is after Coachella ends, would it still have the strong recurring demand/occupancy for STRs?

Look for a team with a strong track record in managing rentals like yours, especially in your target area.

For your out-of-state BRRRR plan, building a strong local team in St.

Positive Home Value Growth ForecastWhile the pace of home value appreciation is expected to moderate, Zillow forecasts a 2.8% increase in Buffalo’s home values for 2025, indicating continued market strength.In summary, Buffalo’s combination of strong job growth, relative affordability, limited housing inventory, strategic location, and positive home value forecasts solidify its status as the nation’s hottest housing market for 2025.

Last thing, I would strongly consider consulting with a knowledgeable property manager or attorney once you have a copy of the current lease and all of the facts.

I think it could be due to niche cabins still having a strong nightly rate but I’m a total noob. 

I really hate the city because of taxes and water bills but the charming neighborhoods with a strong sense of community seem to be Lauraville, Beverly, Hamilton and Franklintown.

have strong desire to venture in real estate and have read books about real estate and the book I'm currently reading directed me to get more insights from here!