Once you can answer all these, and develop a long-term plan, pick a market that accommodates your goals as well as your budget and criteria.

I would assume picking these neighborhoods is a factor of knowing your market like the back of your hand, but that then begs the question, which market?

However, I recently picked up this book by Brandon Turner, Rental Property Investing, just to investigate and educate myself on some basic principles of investing into rental properties and house hacking.

Really depends on what type of project you're working on whether its a full gut or value add where you'll pick and choose what you're looking to upgrade or not .

Home prices lower, rates lower, seems like the perfect storm for first time home buyer or to pick up your first investment property?

I also think that the person working my applications is a trainee(or just not good at their job).

@Gino BarbaroI love your approach as I have a similar approach.Go big or go home isn’t always the right approach.As you note, in a market where one has a strong existing footprint, it’s easy to pick up additional smaller assets.That’s what we do in Greenville SC.It’s our only market and we own buildings that range in size from a triplex to 181 units - doesn’t matter to us.

@Luke J NelsenI've been operating 2 str units since Feb 2022 and picked up 2 more units in Q4 of 2023.

Almost weekly I get calls from agents and investors asking if I will sell a MHP to them or try to get free tips, picking my brain like that sounds any better.Today, an agent texted me for the tenth time telling me that his buyer needed to place 1031 funds and was interested in one of my parks.

(even if I was keeping the property, I would want her gone, each time I am there I am picking up a handful of diapers on the property?