It's going to reduce your potential renter pool and they're not going to pay top dollar so just keep that in mind.

You will need to know all the minute facts about real estate transactions to avoid litigation.Buyers or sellers may rely on your advice and guidance, but there is a potential for lawsuits if you make an error or omission like delaying or canceling a sale or failure to disclose a material fact.

A well-thought-out plan, acknowledging the potential for change and challenges is your blueprint to success.

Most of them are looking at places like the Oregon Coast that has huge potential for STR cash flows.Texas is a hot market and priced much better than Vegas in more than a few markets.

There are many billionaires who are actively looking for opportunities to invest in and mentor entrepreneurs with great ideas, great concepts and or a solid business with growth potential.

Given that you have 3 rentals and potentially adding more, it would be wise to pay for both.

I do know of a few that could help, just sent a DM.Also 100% agree with @Bill J Fay, being up front about costs and region will help as much as possible going into a tricky deal to try to lessen any potential 'surprises'.

We business partner and I started at the end of 2018, began with Drive 4 Dollars looking for distressed properties with potential and we actually found an owner who was very interested in our first drive - that deal was our first ever and only ever started on October 2019...a lot of back and forth, a death and renegotiation took place over period.

I am concerned though about vacancies and potential issues with finding decent property management.

However, the limited new retail construction and historically low availability rates should help limit any potential surge in vacancy rates in the event of a demand pullbackHere are several graphs illustrating the current national commercial retail market in The United States of America:Full Commercial Retail Market Report Here: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/file/1189858/United_States-Retail-Capital_National-2024-03-10_a.pdf