They're already there and given the holiday season, probably the traffic is light, so you can chat then up for 10-15m about the area, rental class, as well as any remarkable developments in the area that would positively impact that home/area. 

Instead of 40 houses cash flowing $200 each or $8000/month, you buy 10 houses and pay them off for a cash flow of $10,000/month with 1/4th the headache.People don't understand the amount of time, energy, and stress involved with managing a lot of doors, especially if they are lower-class properties typically needed to generate cash flow.

When we create our business plan, we also include our exit plan.We'll only proceed if we can clean this up, acquire new tenants at higher rents so we can increase our NOI, which in turn should reflect our cap rate and profits.Since this asset class is new to us we will tread cautiously.Scheduled to preview tomorrow. 

You have to take your pick between charity and business.

How did you pick those areas?

I think the market will pick up in 2025 as a whole but 2024 was a big dud. 

I'd pick the closing day if they already live there, but haven't signed the lease.

Most big cities have good Facebook groups dedicated to STR in their area and is a good way to connect with tons of hosts in the area and pick their brain. 

Evan took an online class and learned how to replaster walls and yes I do mean old school plaster.

If you start buying properties in Class C neighborhoods, you can take advantage of higher and more stable rents/renters with Section 8 vouchers.