Usually too expensive to work on average rental properties.Type 3 (Average Quality, Average Price)May build an occasional garage or addition, typically focused on remodeling and maintenance work.No advertising, the contractor is the sales/bid staff, no design services, office support is typically wife/girlfriend/mother.Low overhead leads to markups of only 25%+.Bids: Difficult to get a professional-looking bid from them because they would rather be making money working, instead of spending their time doing bids for free.Comment: Contractors that are perfect for medium/low-end flips & rental properties.

Ultimately, we will live in the STR as retirees, and occasionally use it for vacation.

Loopnet and CRExi.com do have the occasional 2-4 unit pop up on them as well.

Only an hour away, but that can be remote too.We wanted a lake house we could also use occasionally. 

I do fix & flips and occasional wholesale some properties. 

Occasional domestic disturbance at the building but not the hardcore crimes so is fine for a C building.I would have to know the area you are looking at for the building and the cap rate to tell you if it is a good price or not for the area.

On a personal level, I invest my retirement money in stock and bond index funds and the occasional loan to other businesses.Putting money into a note fund should be as passive as investing in a stock or bond index bond, which I do with some of my retirement money.

Hello Omid,Consider exploring the Hollister real estate market; it occasionally offers properties in your price range, with a robust rental market.

Some of this may be bs but there’s A LOT that’s reflective of situations that occasionally rear their ugly head and you don’t want to be caught in.

Have to reseal it occasionally but I just do it every turnover