At the end of the day you need to look at your interest rate, compare it to what you can get in other investments, and then layer your risk profile on top. 

So, I'm being told on the same thread to not notice people's sexual preferences, while, at the same time being asked to celebrate "pride" month? 

However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.

Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

Funny enough his BP profile says this in his bio...."

I found this deal by "stumbling" on it during a weekend get-away trip with friends for a celebration on another property.

Message me if interested or you can find my email in my profile. 

You can vet them (and us) a great deal by checking out their profile pages. 

Properties can cashflow, and there are more aggressive strategies to force cashflow, but the wealth builder here is the appreciation.I noticed on your profile that you're looking for properties that meet a 1% or 2% rule.

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!