We liked the idea of partnership on a bigger project with the specific MTR strategy in order to increase NOI and exit in 3-5 years.

This in turn will kill your exit strategy if you are not doing your due diligence and playing conservative.

I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.

Are you leaning toward a specific strategy like buy-and-holds, flips, or house hacking?

That's not a great strategy for Danbury.

Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.

Flipping and short-term rentals are definitely exciting strategies to build momentum.

What strategies or lessons did you learn along the way?

What strategies have worked best for marketing midterm rentals in secondary or smaller markets like Portsmouth?

You should jump into the weeds as long as you have a few exit strategies, know the market, have a stable 9-5, and emergency savings.