Do the same thing with rental properties.

Start small with manageable properties, mitigate risk with house hacking or partnerships, and stay active in the community.

Hello everyone,I am getting ready to make my first home a rental property.

The property's quick-sale prospects aligned with our strategy for fast, profitable flips.

and of course a lot of DSCR loans are quote with a 5 year pre-payment penalty which of course can be VERY expensive if you have a 5 year flat 5% PPP and either rates drop or market conditions are such that you would like to sell the property. 5% of 300k for example would be 15k. 

I've just put my fifth rental property under contract and I'm really starting to hate manually dealing with bookkeeping in Stessa every month.

Partner Driven was drawn to the N Lofgren Rd property due to its solid potential for value appreciation.

STR. it's so property specific.

A STR is both a business and a real estate investment.Having little oversight on a newly formed business would make me anxious also.As others have suggested, you should consider going to the area for the initial items(Purchase, renovation, etc).Once you buy 1-2 properties, you can look to unload these items to someone else.Best of luck

Close on the property- Purchase a Home Owners Warranty to cover the HVAC.