It has lots of population growth and job opportunities, which is what every out-of-state investor would like to see to make them feel comfortable investing in a market.

So if a handy man works for a co and sees X limit on 100% of the WO's for years and then yours rolls through with a differnet number, there is potential for an issue.Best to just find a manager that works within your comfort zone.  

I would think the fact that we use the rent money to pay for the place they live in would give them comfort...not angst. 

Hi all,I'm thinking of purchasing a condo that is located quite literally right next door to a fire station.My question is: this whole condo community is essentially next door to the fire station, but my unit is the closest to both the side road and the fire station.I am wondering how much of a "discount" you would need to feel comfortable buying this unit (as compared to another similar unit/floorplan that is nestled more comfortably inside the inner ring of the community. 

The ultimate goal is to be able to live in my own home COMFORTABLY.

I think the numbers work very well and I appreciate the tenant quality and overall comfortability for myself living here. 

Living in the home for a year helped us feel comfortable that there weren't any major maintenance or safety concerns.

The cashflow on STRs is potentially much higher, so I would be more comfortable buying an on market STR in an area that sustains STRs.

Once you get comfortable networking and get some wholesale transactions under your belt, then you can decide if you want to try other exit strategies.

I signed up for coaching from a real estate investor that a friend recommended in the area and she does long term rentals and AirBnB, so hopefully at the end of that I'll have even more clarity and can feel more comfortable moving forward, because I am motivated to get started!