We’re still weighing whether to manage ourselves or hire a property manager, but I’m definitely leaning towards having a reliable team in place either way.Your advice about not taking on too much risk is a good reminder.

One think I sometimes try to remind people is that EVERY APPLICANT qualifies for a rental!

Quote from @Michael K Gallagher: @Jonathan Greene thank you for the reminder, its often the fundamentals done well that win out time and time again.  

Hi Anthony-You asked about the best ways to find off-market deals for your in-laws to buy and move into and you are focussed on the Santa Barbara, CA area which I have been to and it is gorgeous.It kind of reminds me of an Ann Arbor on the ocean. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.

It reminds me of a buddy of mine in San Diego who realized early on that the investors who stuck around longest weren’t just chasing the best cap rate..they were sticking with him because he made them feel like they were part of something that actually mattered.

And a reminder of our appraisal and rental documents for acquisition that everyone should have access to fill in and view when doing your research. 

Setting up direct bookings is a great way to avoid platform fees!

There was no mention or remorse for past declarations, which were pretty set in stone per the loan offer and his communication.

This is yet another tale of a building inspector who feels the need to assert his authority by constantly reminding everyone, "I am the Inspector." 

I don't trust them and it so much more reliable to take a few minutes and look at your real competition to set pricing.