House hacking will also give you some personal "property management" experience.

We manage only 2 units with hot tubs, which are a great value add.

For example, I added an ADU and decided to furnish the unit and target traveling nurses.

Build a team of professionals to work with pursuing mutually beneficial goals (Agents, Contractors, Property Managers, Lenders)I look forward to meeting more members here and learning more about RE investing in the area.

An up to date tenant quality map would really help me make better decisions as I expand; I'm 100% remote from several states away.I plan on expanding my Akron and Canton holdings, but I might be convinced to start picking up properties in Cleveland too if the numbers work better with similar levels of managed risk.

Websites like AirDNA can sometimes provide insights into average expenses for similar properties.Consult with Local Experts: Reach out to property managers or owners of existing STRs in the area.

I have a tenant #1 that keeps making noise complaints of  tenant #2 playing their music to loud and late at night. I have talked to tenant #2 about the complaints and she has said she will turn it down and not play mu...

@Rafael Ro I’ve got a good contact near Pismo beach that is an agent but also an air b&b manager, may be a good person to talk to as she stays on top of the cities in the central coast and their ever changing rules around it.

Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

As a property owner, managing rental properties comes with its challenges and responsibilities.