STR are all about understanding the market - buy right, set up right, market right.

Cold outreach - as property managers, vendors routinely cold call us to earn our businessQuestions/Due Diligence for potential contractors:1.

It could be marketing your interest to motivated homeowners via yellow letters, post cards, cold calling, whisper messages, door knocking, driving for dollars, etc.Whatever method you select, use it constantly and relentlessly.

Some of what we usually do over these 3 days: Small group hot seats (3-4 people), masterminds, small group goal-setting..

That would be the ideal software but don't think it exists.Thinking in the future if I wanted to scale and buy more properties I'd like to have the ability to open more accounts for each property.Any input appreciated on the best way to set this up!

For those looking more aggressively, the Pro subscription offers the full set of daily properties (10+ daily), plus usually another 30-40 in a (filterable by state and city) google sheet that didn't make the cut.

One does not imply the other.Everytime someone is having a hard time here, they start to troubleshoot but make complete random decisions based on absolutely nothing.So DMM doesn't work, and cold claling doesn't work, SO...

Set up an LLC together...you provide capital and they provide experience.

If you are familiar with a market you have an idea where a neighborhood and a set of property characteristics fall within quartiles of that market.

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.