What are your biggest challenges to achieving that?

If you approach the conversation by first finding out their goals, then you can back into a strategy that will work for the both of you.

Challenges?

When it comes to the STR game, differentiation is critical, and that can be challenging with a 550 square foot oceanfront condo. 

I appreciate your proactive approach to connecting with fellow investors.To answer your questions:• Introducing Yourself: I recommend crafting a brief yet detailed introduction that highlights your unique experience and the markets you serve.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Securing financing is often one of the biggest challenges new real estate investors face.

I am currently working on phase 2; building 2 ADUs.The permits are already in the works but the biggest question is what is the best approach when funding these 2 ADUs BEFORE I have the equity from my home?

Challenges?

When it comes to finding good wholesalers, a few approaches have worked well for me and others in the industry:1.Local Networking & Meetups:Check out local real estate investor associations and networking events in the Akron/Cleveland area.