Hey BP,My name is David and my family and I have just moved to the Charleston area.

Hi everyone,My name is Charlie Lilly, and I am a 25-year-old business graduate from Saint Mary's University.

One of the realtors was skeptical that I can get into this market for $200k, and, I agree, it's a bit of a stretch, but with the pay cut I'll be taking going down to Texas, that's about as much of a mortgage as we can afford on one income.

Experience investing in, brokering, managing or financing investment/commercial real estate 4.

In highly touristy areas like lakes or vacation spots, an STR typically generates higher income from short stays but may not attract long-term tenants due to seasonal demand.However, if the property is in a more versatile location, such as near schools, businesses, or urban centers, it may work as an LTR, providing steady income and fewer management demands. 

I would not use a property manager to manage a rehab unless they had experience running flips & rehabs.

Of course as nature of things the community of investors in my area that are investing in the US is small and no united network of investors exists.Couple of days back a large conference of investors took place and I mingled with everybody and handed out business cards and managed to assemble 20+- investors to open a REIA. 

It seems to me that many of the problems were created by way you are managing your business.First, let's talk accounting. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

That said, units with lower bed counts will be easier to manage.