Find a good real estate agent that is also an investor specialist and they can help you navigate what will get you your best ROI for your situation.  

I’m in a similar situation in Concord NC.

It will help you figure out what you target goal is for your first property.

You can easily do this on a spreadsheet and it will take less time to track than it would to find and learn a new software.

Hope this helps!

I've had lots looking for the 10x cash on cash/10% cap rate in LTR but we haven't seen that in at least a decade in this market, but I have no basis for STR here.

Hopefully I will learn more about them when I talk to the LP who brought this up to me on Monday.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

This is where you generate cash and you can then invest it in RE - or something else.Most of the guru content was written a decade ago and it just does not apply the same way it did back then.

Hey @Thanh Lu, so you didn't say where you are located so it is important to check down to the city level what constitutes a tenant vs guest.Most often it is 30 days or more, but there are some that state 28 days or even more vague for squatters rights.