If you’re just starting out, a long-term rental could be the safer bet for consistent returns and lower management hassle.On the other hand, some investors prefer out-of-state opportunities for better cash flow and affordability.

The list is endless, but, a couple of things that stood out:The partner was not aligned with me in terms of values or vision.

If guests want alcohol the can bring in their own preference.

Would prefer to consolidate the process as much as possible. 

While some property management companies may prefer to control the listing for operational convenience, it’s crucial that you, as the owner, retain ownership to safeguard your reviews, booking history, and overall control of the property.

My philosophy is similar to yours in that I prefer the GP to be local to the area they are investing in and have boots on the ground on an ongoing basis.

I am a relatively new investor with a couple units looking for peers in my area of South Bend Indiana.

Hi Everyone,I've been buying at PA tax sales for a couple years, Upset (liens included) and Judicial (liens divested), and understand the research needed ahead of time to protect myself from a bad deal.

@Cliff H. thanks for the notes a couple months ago.

It’s nice to have a couple weeks booked per month.