The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.

What’s your game plan for managing the park — hands-on or hiring a property manager?  

I myself am in a similar position looking to acquire a secondary home in the Banner Elk and would plan on using as a STR and would love any input on your findings!!

Quote from @Matthew Samson: @Corby Goade yep, that sounds like a plan.

Revamping a Family Legacy: Our Plan for a More Efficient, Profitable Portfolio The puck is finally being passed, and we're stepping up to take the shot. 

Depending on your market you may need to buy in our out of your state to hit your goals.If you plan on getting financing you need to understand what programs offer the best options for you and your current employment or income position. 

@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

What you would most likely be doing is getting one like Calltools Or Mojo mentioned above, and then push in prospects or manually add them to your Podio account once they have responded with interest.I'm with InvestorFuse, we do have a solo person plan that may be a good fit for you.

Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.

I'm from Long Island but now live and plan on investing in the Albany area.