Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I'm in a beach area where Sat to Sat rentals have been traditional for 100 years, but not any longer since the rise of Airbnb (and less control by local property management companies).

If you're investing in real estate out of your home state don't you have, at minimum, a Realtor, Contractor, Property Manager, Lawyer, etc. in the state where you're looking to create a local presence?

I take a percent off of total top line (including cleaning fees) that is 5-10% less than what a local "hands on" operator would charge.

You can learn the local market without the stress of a major rehab while you start building relationships with property managers and tenants.

The buyer pool is beyond flakey..Your best bet is a local investor.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I currently pay a premium price for my turnovers for a local cleaning company that specializes in STRs.

All super helpful - and a good reminder to lean into the context of my local market.

This often means a smaller down payment and lower monthly payments compared to a traditional bank loan, especially since the seller may not be tied to the high interest rates banks are offering.Another option is a land loan from a local credit union or bank.