I will add that you definitely do not need to be near your investments, but it makes things a lot easier when you first start off. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I'm a Realtor and I'm wanting to get into fix and flips by working with wholesalers and buying properties in neighborhoods with a good spread. I'm having trouble determining who's a good wholesaler and who's not. What...

I heard about bigger pockets from a friend of mine that has successfully built and rented multiple properties in our area. I'm eager to learn about how to find and fund properties that help my family financially and m...

@Ketch Bays I started with the exact same amount of money.

Quote from @Kevin Hintz: I can totally relate to the tight market and how hard it is to find deals.

AirDNA shows it on the rise in terms of annual revenue, occupancy rate, average daily rate and revpar, with about 3,000 total listings.

I’m currently using a deal analysis spreadsheet from the BiggerPockets downloads section to run the numbers.House: https://www.zillow.com/homedetails/2115-W-105th-St-Cleveland...Rental Type: Long TermLocation: ClevelandLocation Grade: CBelow are the totals that I was calculating from the analysis: If some users that are more experienced in deal analysis would please take a look and let me know if my approach to this looks good that would be greatly appreciated!

Additionally, it can help maximize renovations and improvements.36.4% of the total depreciable basis was classified as 5-year class life.

Regarding getting started, I recommend finding an STR owner who's overwhelmed or just worn out with managing their property, and perhaps who's also not using a dynamic pricing tool, and then offering to manage it for a very small cost.