Quote from @Noah Laker: I'm a local broker and investor, and manage 100+ Airbnb properties for clients.

I have seen all sides of this equation, self managing my own properties locally, but moved with the Navy 1000 miles away and managed the same rentals from afar, and had friends here in Memphis that had 18 properties and had them all with PMs with varying levels of success, some bad and some great.Self-managing brings about an additional level of responsibility that most of the time is fine, but that is not what you hire a PM for.

I’ll also connect with locals through BiggerPockets or Facebook groups for first-hand insights.If visiting isn’t an option, lean on a reliable local team (agents, property managers) to help vet the area.

My thinking immediately turned to researching local rental costs per square foot to determine income potential with triple the current square footage.

I would love to connect with local investors around the area and discuss real estate.

Look up local investors on social media and follow them and comment and like their posts so they get used to seeing your name.

@Jillian Alonge fellow local here in Miami.

If you don't fall within that category a knowledgeable local real estate agent can be an excellent resource.

Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

local PM and happy to help with connecting you with agents, contractors, lender etc. and running analysis on investment property.