Next, arrange a site walkthrough to pinpoint any additional needs or potential challenges.

I am in the Charlotte market and surrounding, and I do everything from luxury $950k-$2MM to starter homes from $250k to $300k and townhome sites.

At my point in life everything I own is both a cash flow superstar and appreciating nicely, because I'm invested in growing, popular areas.If I was just starting off now, I'd probably be aiming for value-add in good areas where I could either live there while improving the unit(s) - ie a duplex, triplex - or where I could trade sweat equity for profit, or both.

Walking score of 95.Pre COVID rental numbers:Monthly gross rent $15,250Cap rate 7.1%Future rental numbers:Estimated Monthly gross rent after current tenants move out $13,950Cap rate 6.5%Because monthly rent looks to be about 20-30% more if you rent by the month, I am considering renting out my duplex for monthly rentals on Airbnb/other sites and potentially for travel nurses (ideal because several hospitals are walking distance to my house).

(So please thank them and also support them 💰💸💵 because their vote was not popular… but it was right)It’s not the end of the world but it will fundamentally change how you run your real estate housing business.✅ First and foremost, holdover evictions will be illegal.

Some popular areas to look into are those with strong rental demand, relatively low property costs, and the potential for future appreciation.

I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.

They have a ton of good groups and meet up events happening on both sites.

You can still use a property manager for on-site tasks, but your own activities—like managing bookings, marketing, and bookkeeping—must be well-documented and exceed the property manager’s time.It’s important to carefully track your hours, especially if you’re managing remotely, as this can face additional scrutiny from the IRS.

@Itay Heled  larger properties are not something that is popular with the furnished finder searchers from what I have seen.