I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.

.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

Just be sure to check local regulations for Airbnbs.For long-term rentals, growing cities with strong job markets and affordable housing are ideal.

I’m a local realtor in Rochester and would love to connect.

Their contribution depends on factors like local demand for ADUs, their design and size, and how they’re used (e.g., rental income potential).

i am unfamiliar with your local market but up in the North East, New England in particular, my brokerage hosts a lot of REI meet ups every month.

All you need are local vendors you know...with texting and internet, and good tenants.  

I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer. 

I recommend local meetups. https://www.biggerpockets.com/forums/521

Your best bet would be to connect with local operators and ask them.