I will have to buy turn key since I'm starting out.

Getting the system/team in place will be key once you start to scale with STR in your market.

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

And the key to getting the information you need is working with a pro to see what’ll work best for your situation.2.

Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

The key is to start when the right opportunity comes up.Good luck!

Meeting the material participation hours is absolutely doable, even with a property manager, as long as you stay actively involved in key tasks like marketing, bookings, and bookkeeping.

To start with, you should probably focus on a few key metrics.

Vetting Potential PartnersOnce I find a potential partner, what are some key questions I should ask or red flags I should look out for when vetting them?

Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.