With how many major companies moving and developing out here (Intel, Google, Amazon, Honda, etc.), the macroeconomics has been great resulting to population growth and job growth.

Many investors (probably the majority) lose a ton of money early on because they never learn how to manage their rentals.

There are so many major dominoes to fall in 2024, that any of them will create buying/selling opportunities. 

I personally recommend looking into out of state investing in a market like Columbus OH for cash flowing deals that hit the 1% rule and have lots of appreciation due to the great macroeconomics - population growth, job growth, and major companies developing here (Meta, Intel, Amazon, Google, etc.).

New Hampshire and Vermont are much smaller states than most major metropolitans. 

I'm wondering if a simple board of director's vote could add a lease management clause with an annual management fee, or if there would need to be a quorum and majority vote?

Hi @Rita SamaddarI recommend areas based on three things:Budget: Knowing your cash to close helps me suggest the best areas, especially if you're using a hard money loan.Rehab Level: Whether you prefer low or major rehab impacts the neighborhoods I'll recommend.Market Dynamics: Areas with minimal days on market are ideal, as they predict how quickly your property will sell post-rehab.In conclusion, start with how much you have to work with and the level of rehab you're comfortable with to find the best areas for fix and flip.

Is this a major red flag of her professionalism?

We reviewed this deal from one of the major brokers as a potential value-added implementation, however this does not pan out with our current underwriting assumptions.

If I were to invest in that area, I would have to continue renting in the Salinas/Monterey area for the next year or so until I rebuild my wealth since the majority of my savings would go towards the downpayment.