The single biggest issue in my way currently is obtaining enough cash, whether it be my own, or through partnerships or family/friend-based lending (which I am very hesitant about to begin with as this could potentially strain relationships unnecessarily when money is involved).

Two flats are essentially just houses.... they trade like houses and there is a lot of emotion involved.

5k a I don’t mind if it takes a few years, and I’m willing to be as actively involved as needed to achieve my goals.

These leads were very unresponsive and may pan out over a longer period of time but the time involved is just not worth the effort.  

There are more complicated strategies to maximize larger listings that involve having like multiple listings for same property and do individual room rentals when it is slower and then for larger length stays, larger groups, and more desirable dates you'd book the whole space, but I think its easier to just do two separate. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

It’s a balancing act of controlling costs while also controlling risk of personal injury to your tenants and property visitors as well as maintaining goodwill with all involved at the properties. 

I know your involved at a high level with Board of Realtors and state regulators .. 

So the one's on the sidelines that did not get involved, and or are not coming from a position of strength--- now no longer can invest. 

My name is Nico Banuelos, and I've been actively involved in real estate since 2021.