You need to develop a subject matter expertise and treat this like the hands on business that it is. 

If you want to think about it as a math problem, it’s all about where you put your time to maximize returns while also factoring in what you enjoy doing.Picking the MarketI’m the kind of person who gets analysis paralysis.

I was definitely not going to miss the opening weekend haha.A movie is definitely more enjoyable after walking 3+ miles to see it.

One particular point can not be over emphasized; even if someone has and is willing to invest the capital in attempting to build or scale their business or investments, they still May fail if they do not possess or can not evaluate those who CLAIM to possess the necessary expertise required for scaling. 

We financed this deal with a combination of Partner Driven capital and Seth Choate’s expertise.

@Andrew Steffens the pool of buyers that have six figures of cash (you really need about $150k in cash to buy a $500k STR), have some subject matter expertise, AND want to self manage is even smaller. 

Just wanted to introduce myself and enjoying the Bigger Pockets site and forums.

I would really enjoy hearing about the process as you move through it!

However, this type of work I would say falls more into the Realtor's area of expertise.

California landlords can now enjoy streamlined maintenance and cost savings thanks to AB 2622.Signed into law in September 2024, AB 2622 raises the threshold for unlicensed contracting work from $500 to $1,000.