I manage Short and long term rentals.

Hey All,I have a background in Civil Engineering working for around 40 years doing land development, floodplains, and waste management work, among other things.

I've been investing in Tampa for over 20 years and manage around 250 properties, so I'm quite familiar with the market.

I have a local property manager that is co-host on the AirBnb listing that will continue to manage the property.

I have been to several meetups lately and there have been several comments about several deals with Western Wealth Capital running into trouble recently, but no one could give me any specifics.

On the flip side, multiple MTR/STRs in other areas could yield higher cash flow, especially in tourist-heavy or affordable markets, but managing dispersed properties can be challenging, with considerations like vacancy periods and potential property management costs if you opt out of self-management.

Only difference in the last few years is I have a virtual bookkeeping company and a property manager.

Establish a good relationship with a property management law attorney.

Direct Control: Managing the project yourself gives you direct control over every aspect, from selecting materials to scheduling subcontractors, ensuring that your vision is accurately 3.Learning Experience: Taking on the role of a GC can be a valuable learning experience, providing insight into the construction process and improving your skills for future projects.4.

The key is buying properties significantly below market value, keeping costs low through self-management and maintenance skills, and taking a long-term view to build wealth through forced appreciation and equity capture over time.