There is a TON of need to long term rentals in Tahoe, but a lot of people here can't afford really expensive rentals.

They transact quietly.3) Similar to above, I know of a few people that have been asked directly by their lender if they have interest in taking over a nearby property for just the loan amount.

Then I call a couple more people and get a couple more no answers or not interested and then I get a hold of this lady who right off the bat was very polite very sweet and we hit it off right away.

Or is it more due to the stereotypes around people on Section 8/the other tenants are paying a considerably lower amount every month?

(with conservative assumptions on annual appreciation - 2%, and annual rent increase - 1%, as well as 5% vacancy/maintenance).I see so many people say they only go for properties with at least 15% cash on cash returns, which seems extremely difficult in this market

Welcome to BiggerPockets communityIt is filled with resources and a plethora of knowledgeI wish you all the best in your real estate journey.Nextdoor.com is a good place for local people recommending local people.

Welcome to BiggerPockets communityIt is filled with resources and a plethora of knowledgeI wish you all the best in your real estate journey.Nextdoor.com is a good place for local people recommending local people.

@Ali Harris, this is probably my favorite part of real estate investing: seeing the potential in a property that isn't readily apparent to most other people, and then executing a plan to bring your vision to life - so cool to hear you're exploring this!

One of the other features of the Land Trust that many people overlook is that it is the entity that conducts the "business" of the investment.

@Tina LeeThe lengths that people go to avoid the $800 fee still surprises me.