You will really need to look hard in order to find deals that make sense and you really need to take you cost of capital into account when doing your analysis.

You can also see into the yard which is a massive negative for tenants.

I am looking into purchasing a STR in a different state and was wondering if you would be willing to give me some tips you learned along the way?  

With your real estate background in TX and NC, you’re in a great position to transition into investing.

I knew several that tried it, and were able to make decent money in 2021 and 2022, but none were able to scale into 10 houses a year and making enough money to make it worth their while. 

Are sellers leaning into offering only 3% for their agent?

If you run into DTI issues as mentioned you could look at DSCR to purchase the SFR. 

Yes, it would be unwise to put this into an index fund like that.

I’ve had a few “Gurus” personally try to recruit me into $20K+/year mentorships at networking events, along with paid workshops and masterminds.

Quote from @Jimmy Lieu: Quote from @Andrew Syrios: The BRRRR strategy is tough these days (I even wrote an article about it that goes into more detail a little while back: https://www.biggerpockets.com/blog/beyond-brrrr-taking-advan...)In short, high interest rates as well as labor/material costs makes it hard to buy a property with debt and cash flow.