A couple strategies that could make sense for a younger person without experience could be a live-in flip or a house hack.

So now I have both my personal residence and a leased property as STRs.Even though I live 3 hours away from my leased STR property, I've built a team that assists with managing it, so I don't have to be there all the time.Here are some key things I've learned:Regulations: Research the specific STR regulations in the state and city where you're looking to buy.

I can't say when that will be but 4.125 is quite a lot depending on the rate you get.I personally want a hassle free funding experience and the lower rate.

I personally do three types of lease options.

They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .

Meet in person.

Real-life reps, to me, means seeing properties in person, whatever your asset class. 

It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).

A landlord policy can be a commercial policy or a personal lines policy.It's the same as asking if you should buy a single family rental or a 1 unit building.Focus on the coverages and disregard the name of the policy.

A person doesn't have to like these new realities but realities they are none the less.