Rental property real estate is an awful investment right now but people are afraid to admit it or are blinded by what they read here on BP.

I would appreciate any connections, conversations, or RE meetups in the DFW area.My focus is on single family and small multi-family rental properties.

I bought my first primary back in 2019 and converted it into a rental last year May 2023.

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental. 

For those who’ve purchased their first vacation rental in the Destin or Panama City Beach area (or surrounding areas, too), what’s one thing you wish you’d known beforehand?

I would make sure your rental works as long term.

Our tenants have also given us very positive feedback about their experience with it, and nearly all of them use the online portal to pay their rent.

The short term rental piece is very intriguing.  

Study the market on your own by looking at similar rentals in your area.

I see that there are many people looking for rentals but can't contact them unless I pay a fee.If pay the fee option, what is your experience with it?