Stay focused.4.Master your market.

As with most municipalities and jurisdictions, the evolution of the AirBnB market has spawned regulation and restrictions on where, when and how a STR can operate.

There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.

I know many investors go out of state for buy and hold properties to generate passive income, but is Blythe a lucrative market?

This is effectively legislation to open up the market to new prospects. 

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

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

For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market. 

Are you in the Atlanta Market?