You have a skillset that could be extremely useful for quick fixes and landlord issues and from there you can bridge relationships and partnerships to enhance your knowledge of real estate investing and couple your skills.

If you purchase a rent ready RE investment this could be 0%, but at the opposite extreme a good brrrr can produce the now elusive infinite return (I have achieved this on most of my RE investments but believe it is very challenging in the current market to bp not be cash negative after the refi to extract the added value.I expect to make an offer this week.  

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

And CA is extremely tenant friendly so it's not a great place for a rental. 

If I did set out to invest in the local area, I would scrutinize the numbers like crazy and be extremely conservative with my estimates.

If they do, you're extremely likely to win and be paid from the bond. 

additional challenges are the inventory shortage and good contractors being extremely busy. 

This could be a huge problem, as the "the rent is too damn high" people will be extremely upset with huge surges in the cost of living, felt acutely in some major metros.3) 2027-2029 should see a return to a more normal inflation adjusted rent growth curve, with the caveat that if supply continues to remain relatively low, we could see national rent growth outpace inflation in these years as well, so long as interest rates remain high. 

This is why is is extremely important that you use local resources who own STR's in the area or manage them at a bare minimum.

How are you managing your properties in that area given that property management company seem to be extremely unreliable and seem to go under quite frequently