Find a partner who has money to invest with and find & manage the deal (sweat equity).

My goal would be to start within 1-2 years and get some more experience with the construction process, project management, financing/budgeting, etc.

If you’re feeling uneasy about the potential headaches, you might consider a local property manager who specializes in room rentals or shared housing.

I’ve been in the STR game for 6 years, managing multiple properties, and here are some of the tech tools that have been game-changers for me—both for evaluating and managing properties.   

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

Now, I’m full-time with Zuma Capital Group (ZCG), a company I co-founded to focus on acquiring and managing multi-family real estate investments.

Stormwater Management Easements and Covenants.11.

Are there property managers who specialize in managing housing for section 8 tenants?

What would you do in my shoes I don’t invest there so take this with a slight grain of salt but I’ve heard multiple stories of basically this exact scenario someone getting offered a big payday for something in Cumberland, rejecting it & always for some reason (house burned down, block got worse, sheetz decided they actually didn’t want someone’s land for a car wash after all) always selling for like 10-20k and regretting not selling. 

It would be a very expensive pet in one of my rentals - so much so that the tenant would decide it wasn't worth it or go somewhere else.