Revisit your strategy annually to adapt to changing goals and market conditions.Good luck!

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

I searched for properties that stay on the market for a long time.

I was thinking this might work on my property in Redding and can be adapted to a shared housing project for seniors (though I'd want rooms large enough for bed, bath and seating area)  It's my understanding that it is considered a SFR with seperated bedrooms as far as planning.

As you delve deeper into the world of real estate, staying informed and adaptable will be key to achieving your financial goals.

If a guest stays for one week in July, the owner can't legally rent to another guest until August and must leave their unit vacant for three weeks.

Strive for constant improvement, adapt to market changes, and continuously learn and develop your skills.

Just be prepared for a learning curve and stay adaptable to new challenges.

How are you adapting your renovations to meet buyer expectations?

For example:How well does in-house counsel adapt to different jurisdictions, especially if we’re managing properties across multiple states?