There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

I'm a local wholesaler, STR investor and generally curious real estate dude. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

About me, most of my assets are RE but in another market so I would be diversifying in that market.Potential for appreciation is very uncertain: prices have risen a lot locally lately and are as high as they have ever been, and it’s unlikely higher prices would be affordable by locals.

I am new to real estate investing and looking to connect with any local (DMV) investor.

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

I found this property through my network of local real estate professionals and direct outreach.

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

There is some but you FB or local event would produce more.