The credit score is the single best indicator of how one pays their financial obligations.

I have individuals in mind that have either directly told me they would lend or indicated they might, so I don’t think finding the lenders is my issue.

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

Meeting the material participation hours is absolutely doable, even with a property manager, as long as you stay actively involved in key tasks like marketing, bookings, and bookkeeping.

The previous owners took reservations mostly by phone, wrote them on a big paper wall calendar and hand keyed CC numbers into a terminal 😲The bunk beds have been a huge win. 

The key is to start when the right opportunity comes up.Good luck!

Hey @Thanh Lu, so if you only have a couple of units, then self management isn't that hard.The key to doing it right is setting it up properly and keeping up on maintenance.I can count the number of late night calls from guests on one hand.

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

Tax planning is the key!

Off-market deals are key if you go this route, so networking is huge.Out-of-state investing is another option people love, especially in markets like PA (Philly, Scranton) or even down south where prices are lower, and the landlord-tenant laws are more forgiving.