P.S. also reach out to experienced real estate agents that cater to buy and hold investors and let them know of your intentions and availability.

I’m trying to familiarize myself with the area more thoroughly.it seems to have a stable increase in prices.Since I plan to live in the property initially, breaking even in the first year is my main goal. (5% down; PMI removed with renovation)However, I’m also wondering if it’s feasible to have some cash flow from such rentals, or if the risk of vacancy is high in this market.Any guidance or pointers from those experienced in this area would be greatly appreciated!

We then export this data into an Excel spreadsheet to review metrics such as average occupancy, daily rates, and annual revenue for that specific property type and location.We'll also look at the top-performing properties in the area and analyze the amenities they offer, their location, proximity to attractions/beach etc.

1) Review reports but always trust your gut.

For all the experienced investors out there, if you have found other legal loan hacks that have helped you qualify for loans which in turn has helped you grow your real estate portfolio, share some of them below.

Have some very competitive prices to start with to get bookings and reviews.

Even in high-cost markets, creative financing or partnering with experienced investors could help you get in the game.

Moreover, for someone in your position just starting, it's best advised to partner with an experienced individual to mitigate risk and adequately learn the process.

I work with out of state investors daily and one thing that helps them tremendously is working with an experienced turn-key provider.

I’m curious about your property type, amenities, photos, and reviews etc.