Buy quality properties in quality areas.

Historically, full service management on the coast has been costly but in recent months management rates have come down and quality has improved.

A hard money lender typically will go from one loan, to three, then three plus depending on quality of the flips and your liquidity. 

Then definitely get a quality PM and rent it out for a bit.

@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Isaac Terry Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

The profit was used to buy a higher quality SFH in the same area.

Maybe we got lucky in that department, or maybe it was just a quality built property.Happy New Year and best of luck in 2025. 

These small touches can create a memorable stay and encourage positive reviews.Create a Standout Listing: Invest in high-quality photos, write an engaging and detailed description, and highlight features that set your property apart.

Success in this field doesn’t happen overnight—it requires years of strategic investing, continuous education, and persistence.The key is to focus on growing markets, quality neighborhoods, and building a strong support team.