You need to constantly hunt for deeply discounted properties, compete with experienced investors, and deal with unpredictable sellers and cash buyers.

They also get a small bonus on every review they generate.

I totally agree with the idea that local markets offer better value in the long run that cheaper out-of-state markets.Finally, Just because an experienced property manager would not do a house hack or purchase a small multifamily property does not mean it would not be a good fit for you and your situation.

I was told by a local experienced investor that insurance companies will always go cheap with paying out to contractors in the event a property needs to be rebuilt. 

@George Suarezshort answer: noare you an experienced investor?

You'll want to look at their reviews from owners as well. 

Upon further review, there is 1 active Type 2 STR permit on this blockface prior to your STR application submittal, but a system glitch did not capture it on the OneStopMap.

I’m fascinated by the potential of real estate as a way to build wealth and gain practical skills, but I’m just starting out and looking for guidance.If you’re experienced in the field, I’d love any advice you’re willing to share about getting started, especially if you’ve found success as a beginner.

I've worked with both novice and experienced investors.

For every $100 million in public subsidies, approximately 1,157 co-living spaces could be created, compared to 313 studio apartments.The Bloomington City Council is reviewing potential ordinance language to facilitate co-living spaces, considering factors like parking, minimum square footage, and the definition of "family" in housing contexts.As real estate investors, it's essential to stay informed about such developments, as they can present new opportunities and models for investment.