Despite these challenges, the successful sale at $245,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

I think the difference between keeping as LTR, converting to STR/MTR, or selling comes down to what you plan to do with the proceeds and how much time you have to work the STR/MTR.  

My plan is to essentially by up the scrap lots left in newer subdivision neighborhoods by big developers, build sub 2,000 sqf single family homes, and market them between 200,000$ and 300,000$.

Good Morning,Myself and a partner are creating a business plan with the hopes of Raising 1million for REO, SFR, Wholesaling deals.

Although a few respondents mentioned it, the first thing you need is a goal and a plan to get there. 

They can provide local market knowledge, help you find investment properties, and manage them on your behalf.Financial Planning: Before making any investments, make sure you have a solid financial plan in place.

@Malcom FlenouryDepends on what you're planning to do from REI standpoint.

What is your plan? 

I have some thoughts to your question:1) Maintenance service plans (requires agreement with preferred vendor, or if you have maintenance staff, through your company)2) Landlord liability insurance through third-party insurance providers (note: this is in addition to a Dwelling Policy, which the owner should already have)3) Lawn maintenance service programs (requires agreement with a vendor for agreed-upon pricing, or if you have lawn staff to provide this service, through your company)4) Fee in lieu of security deposit (requires agreement with insurance company that provides this service)5) Increased inspection options (e.g.

I'm excited to dive into the others next, including "Set for Life" you suggested.I'm particularly intrigued by the house hacking strategy and plan to explore that further.