Attend every local REI MeetUp you can.

If so, self-managing properties might not be the best use of your time - In any case, I'd encourage you to talk to multiple local property management companies, keep the above in mind, and understand how they approach management.In my experience, property management isn’t just about finding the right tenant or collecting rent—especially in a tenant-friendly state like Rhode Island.

Instead you will cash flow right out of the gate and appreciation is faster in those states with TLC properties or adding things like an ADU, or Carriage home on a bigger lot.Most of my investors that live in CA purchase in those states listed above and in most cases its easy to introduce them to local Seasoned realtors Contractors, Handy Men/Women that can help them save money and feel secure about the distance from home to REI.

They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.

(One virtual and one local).   

For more bookings, consider promoting on social media or offering last-minute deals.Regarding ticket partnerships, local attractions or smaller groups might be more flexible than larger platforms like Xplorie.

Talk to your local building department for the codes they follow and requirement(s).

DSCR recently came popular in the loan brokerage and private credit space with the rise of STRs and MTRs.Your local bank lenders will have the best rates typically.  

While I always prefer to do deals with local, responsive agents.

Staying informed about local policies is critical.Opportunities to LeverageLess Competition: Many investors are sitting on the sidelines right now due to fear or uncertainty.