I am ready to buy my first rental property/first home and am extremely conflicted about the location.

Low rates, extreme labor shortage, materials cost...personally, I am a holder.

I am extremely excited for what's to come but I am not sure what to do with the following.

To recap: Be extremely cautious with flat fee MLS sites that only refer business to other agents.Bonus PointsYou should also consider the ease of use of the flat fee MLS listing provider, for example, can you complete everything online?

I've seen people selling SFH, condos or townhouses in extremely high cost of living areas and using those funds as down payments for "expensive" MF homes in other areas.

Wyoming is extremely easy and inexpensive, but there are other states that are probably just as good.

Like everywhere else, its extremely busy there so if anyone has a close contact there Id greatly appreciate it.Thanks!

Drawback is you'll be splitting an assignment fee with them.In order to provide the most fair price and most information on your deals you will need to be extremely efficient (because you are adding even more value which is harder to find). 1) You will need to lead gen like a machine. 2) When leads come in, you will need to be able to disqualify the bad ones extremely fast.

It’s such a headache and I’m really disappointed in the “vetting” process my PM used.

I know a CPA is also extremely important, and we have a few seemingly good leads (but with tax season new appt times have been hard to come by).Look forward to getting to know some of you better, and maybe even working together in the future!