That construction also coincided with the birth of our first child. 

Our efficient project management ensured the renovations were completed on time and within budget.

There is not a lot of new construction occurring on the Oregon Coast and older homes can be dated.

Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

Networking with local investors can provide insights into the Pittsburgh market, recommended contractors, property managers, and other professionals.

I would employ a property management company that can handle this for you, like the one I work for as an agent.

SLC only has one major hotel under construction and not a large inventory of nightly rentals as it stands. 

Also, is it better to buy a new construction or resale?

I bought 100k homes for blue-collar working families that rented for 1000 dollars a month that more than paid for all repairs, vacancy, insurance, professional property management, and capital expenses."

Our management company has interviewed vendors our there that have capabilities, using AI, to verify authenticity of certain documents, including ID's.