I was intrigued with the prospect of buying distressed properties in bulk quantities and finding local investors who could rehab them and put them back on the market.

In Phoenix, for instance, I’ve watched investors bring in a local property management crew who know how to squeeze every last dollar of value out of a rental, or partner up with local 1031 exchange specialists like AccuTitle to keep the paperwork tidy.

Do your research, find a good local agent to help, and jump in!

My local Airbnb rep said the algo does consider cleaning fee too so try to be lower or even with your competition. 

Summer months are always popular for both locals and again those from the south looking to escape the summer heat.  

I started my OOS HML  career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..

For example Airbnb collects and remits all state and local taxes in Pinellas County but only does 1 of the 2 in Bradenton county just south. 

I saw two recommendations to attend the local REIA.

Phil Alexander, the main guy, does not hold the local providers accountable.

Since you’re leaning toward multifamily, it might be worth connecting with local investors or brokers to see if a license is necessary for your goals.