You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

Also, to make your money go farther, cutting down closing costs is a great way to do that, We can help with that, which is why we offer 1 point Origination Fix and Flip loans.Is sounds like you already have a portfolio, you may want to look at refinancing your existing portfolio to free up cash for future purchases, the buyer's market is only going to last so long as these interest rates are being cut.

I travel to the market spend a few days with them want to meet their crews and their family etc..

Do you think this storm will cause prices to finally decline in the once red hot short-term rental market in Florida?

If you believe the hype and there are no deals and you need to go big, then your actions will mirror your beliefs.If you think you can close a 6 unit, then you eventually close it, and then move on to a larger deal.Be prepared for the opportunities that are about to hit the market!

This will demonstrate to lenders that you have a clear plan and an understanding of the market.2.

Research affordable markets, real estate investment groups, and neighboring areas for better rental markets.Good luck!

After repairing and improving the usability of the home, I was able to get it rented out at the top of market.

In Madison, and I assume your market, we have always had discount broker options to basically just get your listing on the MLS and not much else as well as sellers just exposing it to the market themselves off the MLS and hoping to maybe pay no buyer agent commission, where the buyers have no agent they are working with or the buyer agrees to pay their agent directly. 

I don't think that is enough to invest in CA, but hopefully can find people in other markets that can help me.