:)As a newbie, I would say the biggest thing you need to understand first is running numbers.

My biggest concern is if the additional cashflow will justify the additional management work which short term rentals / airbnb demand over traditional rentals.  

Biggest plus?

I still haven’t entered the market yet but it’s going to be one of my next (and biggest) steps.

The biggest advantage of using a HELOC is you don’t pay any interest if you don’t use it.

@Jibril WalkerPick a strategy and stick to it until you reach success is my biggest piece of advice.

The contract will be gone within hours of sending it to their buyers list.Some may disagree but I am a fierce opponent to these REI meetings where everyone tries to see who has the biggest member... measuring up who is more successful, who has more rental properties.Just a bleh environment... if you ask me.I just don't see @Jay Hinrich in such a meeting, or Sean.. that guy from flip to freedom, or cody sperber doing such meets.

The biggest time saver is a cutting tool.

This is my biggest concern, the time it will take for the City to approve the necessary permits & complete required inspections.

Our biggest challenge has been to get subcontractors out to help.