Consider theming your property based on popular attractions in the area, aligning with what guests are doing when they vacation.

But I also felt strongly that I wanted to live there myself for my bachelor years, that I should take advantage of low interest rates, and that it would eventually at least break even as a rental.. so no regrets.

Hi Francis, the idea is based in the accounting formula of "Owners Equity=Assets-liabilites".

DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I'm a strong believer in coaching programs for the right student.

I recommend you read some books about how to manage properties well, use a strong contract, know that contract inside/out, know your state law inside/out, build policies and procedures to catch and stop problems quickly, know how to screen and select good applicants, etc.An ounce of prevention is worth a pound of cure.

This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

Based on the information from the BiggerPockets forum posts, some of the best places to invest in real estate that were frequently mentioned include:Ohio - Specifically cities like Cleveland, Akron, Canton, Columbus, Cincinnati, Youngstown and Toledo.

I have offered both to buy them a condo to start, but they aren't ready yet so one is renting and one lives in an ADU on my property.Single-family is strong and smart, but I like condos for younger kids because the HOA saves them of all the things they don't know how to do.

If you follow dogma on websites about the “best” property to buy, you are unlikely to get reliable tenants because each location is different.Once you know the property profile for the properties you want to buy for a reliable income, it is time to select the properties.Property SelectionIn addition to conforming to the property profile you created based on income reliability, there are additional considerations, as illustrated below.The rent is the critical factor.