Pushing into other, close-by, markets is the best (and maybe only) way to make it work.

You’ll pick up so much just by listening to people who’ve been through the highs and lows of the market.

I don't know how much you have but a build to rent triplex all in our market is 150k liquid normally with full return of capital in 9 months.

I'm starting a property management company and I'm curious to know how people have marketed themselves online.

You can also do value add STR & Multi-Family Rentals by starting with distressed properties and using a bridge loan to acquire them with a lower down payment compared to a DSCR loan.Networking – Connect with local investors, wholesalers, and realtors in your target markets.

You can also start by being a "bird dog" and finding off market deals.

Unfortunately there competitiveness in the market and cut throat antics give the other offices (company) a bad name. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Study the market.

In the 2024 insurance market, CA is hard to place, so even though you could force them onto a single policy, it may be more economical to keep them separate.I'll send you a note with the carriers who can do this for you.