Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The 2nd person really liked the house and even mentioned how nice the rehab was, relative to comparables they have seen.

Chicago has such a great investing community compared to most places in the US I have visited!

Having that been said, the barriers to entry are very low, which makes it one of the easiest countries for anyone to start doing Airbnb, when compared with other countries.

Raleigh/Cary is definitely competitive..it's a booming market, but your $30K in cash gives you some solid options, especially for a BRRRR strategy.If you're looking for slightly lower-cost entry points, here are a few markets to consider:Greensboro, NC: Staying within your home state, Greensboro offers a more affordable market compared to Raleigh.

You have a good rate compared to current rates.

In terms of maximizing your returns you want to compare the interest to an alternative.

Any kind of non QM financing will have higher closing costs compared to conventional.

I am currently in Hong Kong, and there is no way I can or will invest here as home prices compared to rent yields just don't make sense according to any of my calculations.

No matter what you do I think you are going to have guests point out that something isn’t working which could lead to annoyance or requests for refunds or bad reviews.Plus, providing bottled water over the long term probably isn’t going to save you much money compared to paying a plumber to get the fridge connected.