A lot of folks were plucking stuff off the MLS, putting a tenant in place, and cash flowing.

The property itself is a good deal, there's a lot wear and tear in apartment so will definitely need some serious renovation work, but mostly cosmetic.

The city has a lot of momentum with major developments, population growth, and continued investment in infrastructure.That said, it’s not without challenges.

There is always SOME manual work, but you can cut out a lot of the back and forth-- definitley.

The cost of admission was worth it as I was able to make really good connections with a lot of people both in the program and not.  

If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.

Hi, just wanted to get some feedback to see if anyone has used the services of STRsearch.com. they look like they run a lot of analytics and help with figuring out what you need to do to find and run a successful STR.

There are a lot of EXTRA costs in CA in general, and the federal government as well.  

I am sure working for the Home Vestors Franchise gave you a lot of tools/skills on getting undervalued properties.

In my experience, cost segregation studies are a lot less than $10-15k especially for smaller properties (6 units and below).