Similarly, it's almost guaranteed not to have a sewer connection which would need to be added as well. 

Some say it’s possible to implement this strategy in Germany, while others claim you can't, due to regulations preventing the sale of mortgaged property before 10 years.There's a lot of confusion and misinformation, and no one seems to have solid information.This strategy is well-documented in the USA, with numerous videos on YouTube.

Also, read the contract very well before you sign because most PMs will lock you in a long-term contract.If this is your first investment, I will recommend you manage it yourself so you learn one or two things about landlording/property management.Goodluck man!

He invests out of Utica and has several rental properties there as well.

We are here in the Houston area as well and are experiencing the same thing.

As a model, Techvestor syndicates (uses investor funds) to acquire, fit-out and operate short-term rental properties for profit in select markets across the US. 

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

@Joel Di Piazza Hey Joel, that is great to hear you have a well thought out plan.

I've heard so many success stories on the BP podcast of people who've done really well with the buy-and-hold strategy and have the freedom to travel and not have to work a 9-5 (unless they want to, of course) and can pursue other interests, so that is a huge dream of mine too.

For the record, I have read:- Loopholes of Real Estate by Gary Sutton- Rich Dad Poor Dad by Robert Kiyosaki- Investing in Real Estate with Little to no Money Down by Brandon Turner- Tax Strategies for the Savvy Real Estate Investor by Han & McFarland- The Psychology of Money by Morgan Housel- The Book on Rental Property Investing (first book I've read here) by Brandon Turner- The Millionaire Real Estate Investor by Gary KellerReading has been my biggest source for knowledge and Brandon Turner has become one of my favorite authors now!