Thanks for the contract tips. 

My question is: between now and when I make that first investment, is there a limit or tax traps to watch out for in deducting expenses as I set up my entity structure, pay for software tools and research materials, and (most notably) travel to markets to do market research, meet with realtors, look at properties, etc.?

What tips or advice do you have for someone just starting out?

My partner and I have found success in the current market with buy and holds. Especially with new construction incentives. We're both investor agents and we talk to the builders and work deals to get the best rates an...

I’m willing to travel anywhere in the tri-state area, as well as PA and CT, to support your projects.

Brian lives in Peru and travels.

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.

A buddy of mine who started around the same time I did got caught chasing every “hot” market tip and ended up never buying for the first three years.. meanwhile, another investor I know locked in deals in San Antonio and has tripled his portfolio because he committed to a market early.

(The strategy, if you were set on one of those capped districts, would be to furnish it and rent it as a medium-term rental for traveling nurses and remote workers while you wait for an STR license to open up.)

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