I also have a 300sqft detached garage which I keep all my tools in, potentially could convert that.

The most powerful tool is the MLS and agents.Good Investing...

@Vicente HernandezReal estate agents tend to prefer property management firms that have clear payment plans, fair commission rates, an easy referral system, prompt payments, assistance and tools, and a good standing.

Make sure you utilize all the great tools BP has to offer.

The term policies are simply used as a tool. 

With few years, we occasionally got a quick book by a group of people with trucks and tools.

And don't forget to think about property management, whether you plan to handle it yourself or hire a professional company.Before purchasing your first rental property, it is important to conduct a detailed financial analysis using tools like real estate investment calculators or spreadsheets.

Technological advancements are reshaping the real estate industry for investors in various ways:Data Analytics: Advanced tools offer insights into market trends and investment opportunities, aiding informed decision-making and risk assessment.Virtual Reality (VR) and Augmented Reality (AR): Remote property exploration with virtual tours saves time and resources, attracting potential buyers or tenants and expediting transactions.Blockchain: Secure transactions via smart contracts reduce intermediaries, costs, and fraud risks in property dealings.Online Platforms and Marketplaces: Digital platforms broaden access to properties, investment options, and real-time market data, enhancing efficiency and transparency.Artificial Intelligence (AI): AI algorithms predict market trends, identify investment opportunities, and personalize recommendations based on investor preferences.Internet of Things (IoT): IoT devices provide real-time data on property performance, enabling cost reduction, efficiency improvements, and better tenant satisfaction.Crowdfunding Platforms: Real estate crowdfunding democratizes investment access, allowing smaller investors to participate in projects previously out of reach.In summary, embracing these innovations enhances efficiency, transparency, and accessibility in real estate investment, enabling investors to capitalize on emerging opportunities and stay competitive in the market.Thanks!

This saves them A TON of time and ensures that they are not spending hours a day trying to track and analyze new listings that would likely never work for flipping.Analyzing Deals: Bigger Pockets has some great analysis tools that can be used for free.

After doing this, I then run the property through Airdna.co and/or Mashvisor.com Both of these tools will give you projections of what type of rental rates, price per night, bookings, occupancy, seasonal variations, etc.