Starting with one property is a smart way to learn the ropes, and as you grow, networking with local agents and other investors can be invaluable.

Economically growing area. 

Hi Thanh - Managing a single STR can be manageable, but as your portfolio grows, hiring a vacation rental company can be a game-changer.

Don't worry about giving up the rate if you're looking to grow your portfolio.

Buying more properties when you are young is definitely the smart plan, it snowballs and grows the sooner you start.

I know that I have to rely heavily on a solid property management company to not only maintain but to help find me deals as our relationship grows.

I built my team through networking on places like BP forums and FB groups.I have since moved to Indianapolis from the west coast to continue to grow my portfolio here and have expanded my business to include support for other OOS investors who need the same support I did when I was remote.

But I respect the passion and you seem to have the motivation to keep growing.

Tacoma has a growing real estate community, and there are plenty of opportunities to connect with investors.

The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.