As far as supply and demand, once many of the rentals shut down (if the county actually enforces the bill) then yes there would be more demand for all STRs.

Building strong relationships with tenants can make a significant difference in property management and tenant retention.If you're looking for your first property, have you considered specific neighborhoods or property types in Urbana/Champaign?

I know I can't do it in LA or  LA County since Industrial land is Going for $5 million an acre.

HI, pretty curious about what the Fayetteville officials are like in regards to this process? Anyone have experience with this process and any advice? Even things on how to investigate the local process would be welco...

If you're dealing with a broker, ask him to request that information as part of your due diligence from the seller.RUBS/BILL BACK When there are single meters on a building, you can bill back a percentage (based on location) to the tenant.

My objective is to get enough passive income to eventually focus on investing and building myself as a business as my job/career instead of working for other people or companies.

How many calls do you think they get for someone who is going to "buy 10 houses this year and wants to build a team?"

@Verna Littleton @Wendy Thurst we rep for NREIG and can share that they will not be able to insure the building if it is owner occupied.If you are living in the property as your primary home, you would get a standard Homeowners policy. 

So build in a buffer. 

You need to build a great team of people.