Looking at my first investment property, 1/2 a duplex, out of state. Not purchased yet.  Needs some work, nothing severe.  How do you all supervise the contractors out of state? 

In normal times this would be a mild inconvenience but with the market the way it is, everyone mentioned above is so completely overwhelmed with the amount of work coming in, I'm a bit worried how long all of this will take.

Shampoo, condition, body wash, hand soap, coffee, creamer, toilet paper, paper towels, laundry and dish detergent, copious amounts of sheets, pillow cases, blankets, etc.Nearly every Airbnb host I have talked to has lost money on cleaning fees, so there is another expense.  

I have no idea if our HOA funds pay his lawyer, if he pays himself to plow our road (they refuse to hire anyone to maintain it, he does it just fine himself), there are serious drainage issues that won't be addressed, and a litany of other questions that should be answered before forcing a vote.I have yet to move into my house but it seems all of these sudden changes have to do with the Presidents hatred for one family that owns multiple lots (all new covenants and bylaws are aimed at one family, the president even held a secret zoom meeting with us and another new family to steer our vote the way he would like AND mildly trash talk one specific family).Isn't there a law in Indiana to protect homeowners from being forced to vote on such a major decision without providing adequate resources for us to determine if this is right for the community?

Sometimes that might mean mild profits during the growth phase.  

At this point, I would like to focus on single family properties that need some mild to moderate repairs.

@Carl Johnson winters in Idaho (at least the Treasure Valley/Boise Metro) aren't too bad and are much more mild than people think...I still wear my shorts and sandals clear into December and January.  

I’m in Los Angeles, so weather is generally mild with hot summers.

I agree with @Abel Curiel on house flipping.You may want to consider a less sexy but long term viable option.. buy and holds with some initial value add potential, wait 2 years for further appreciation and rents to grow (given market uptrend continues at mild rates), then refi into another deal.

Most price points saw a mild contraction this week compared to last.