My advice - find a legit mentor that may partner with you as cohost is your first property, willing to share knowledge and you absolutely know for a fact they hv experience in the airbnb space with their own properties; gather info on internet, buy a couple of books - all the information is already out there.

Looking at the city from an investor's perspective, @Becca F. is absolutely right, you need to make sure you're buying in the right neighborhood.

Questions: Is this just what to expect from buying rentals, and (regardless of expectations), what can/should I do?

I have credit in the high 700s, I have over 10 units, have done several refinances and buy and holds.  

I am focused on those out there who are raising $50M+ to buy institutional level assets but do so by managing  500+ separate investor relationships.  

Hi Kevin and Jason, I am looking to buy my first single-family investment property.  

Investment Info:Condo buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

For context, I live in Salem, MA and a few years ago my husband and I were looking to buy a house that was not turnkey, but also livable, that we could live in while updating, and rent on weekends (either a room or the entire home) during Salem’s busy Halloween season.

Hey @Yolanda Martinez - Flipping houses is a great way to get some positive cashflow quickly but it can be stressful and a lot of work making all ends of the process meet.Usually the end goal for investors is to eventually have enough capital to buy and hold properties to rent that way you see cash flow coming in monthly.If you have any questions on the rental market, please feel free to reach out.