While my initial investments were successful, I learned the importance of diversifying my portfolio across different markets and property types.

Yes Lilach, there's been a number of successful BRRRR, your why for venturing into Jacksonville market for BRRRR should guide your search.

We've been quite successful at exporting our inflation for years.

I have a own a successful property management in the Bay Area focusing on multi-family buildings and HOAs.

A successful partnership requires the following skillsets among its partners - Time, Money and experience.Which skills do you possess and which skills does your friend possess?

Does any one have suggestions for property management companies they have had success with in the Richmond, VA area?

Search for them, They are  faster & cheaper.They are very successful in other states though.

There have been many sellers that have had success with such a gamble, but it’s still a gamble.

I purchased my first rental single-family home in North Carolina, which quickly introduced me to the benefits of passive income.Encouraged by this initial success, I acquired a duplex in Columbus, Ohio, followed by a townhouse and another single-family home in North Carolina, all within a span of a few months.

Not saying you should go for it, more as an FYI: https://www.oaklandca.gov/topics/short-term-residential-rent...Some investors find success toggling between MTR and STR with their properties.