Convince good tenants to commit to longer term leases.So in the fall of 2016 I took the plunge and closed on this massive purchase !!!

I took the plunge on this deal because of just how good of a deal we were able to purchase it at.

The service is great, and I did a ton of research initially before taking the plunge.

Hello , Just set up my first STR , was real learning experience(still is )  , thanks for the folks here @Leslie Anne Morris, @luke Carl, @Michale baum. Please open to  critique & how set myself apart in this crowd...

The areas that I think I need help before I take a plunge (market conditions permitting, ofcourse) are the 3 I mentioned above (plus overcoming my own fears) .I have been listening to various podcasts (Rod Klief, Neal Bawa, Old Capital etc) , read some of the books (e.g.

I'm checking out different markets and comparing them against each other before deciding where to plunge in.

I'm working on doing my first deal and having them help me take the plunge into doing my first multi family deal.

Perfect bait for some fool who thinks a house is a house is a house and that's all they need to know about the real estate business before plunging their life savings into it.

Even though I didn't know the area well (and heavily relied on my realtor's local knowledge), I took the plunge.

The rule of thumb is atleast 100 dollars cash flow, that's my guiding principal.Let me know how the plunge goes with out of state investing, I love the concept but not sure if I can put my trust into a property management company 1100 miles away that I can't see face to face now a days.Bradley Scruggs