Challenges?

For your first investment, consider the benefits and challenges of duplexes versus single properties.

How does a FSBO handle an open house?

Challenges?

But it's pretty easy to find a contractor that is good enough to do the job.If I was looking to do a little lipstick remodel, I have 4 or 5 contractors I could call who would all be a good fit.If I was looking to do a gut remodel, I have another 2 or 3 contractors I could call who could handle that job.When I'm doing a luxury spec, there are 5 or 6 contractors that I'm talking to for bids on those jobs before I pick the best fit.Finding a deal on the other hand... you can't just call up a deal and say you're ready.

Traditional custodians do not handle alternative assets that aren't publicly traded.

Some are self-managed, meaning they handle all aspects of operations internally.

We intend to buy other STR's in other markets and will handle it this way.We do our own property management on our units and perform pm services for other hosts in Greater New Haven as their boots on the ground.

For those that are just doing it part-time or the occasional family member/friend, they likely don’t want to handle investors, anyway.

To add some more nuance, the challenge is that about 90% of my income is capital gains from selling properties.