My personal preference for a buy and hold would be an already established area (or an area that's still gentrifying, but has already seen significant progress). 

Often they like to ultimately buy their properties and will pay over market value so they don’t have to uproot the established program to stay in the home they’ve been renting.

Hey Cecil, if you're anxious about getting started, I would likely recommend starting off with something more turn-key and then doing a BRRRR for your second deal once you establish your systems and get a good team in place.  

There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.Best.

After establishing or continuing it as a rental, I'd like to move there myself for at least half the year.Question: What are people's general opinion on PR in 2024?

So, with large numbers of new graduates entering the field who are CHEAPER, someone established in the field may soon find themselves with "golden handcuffs" unable to find positions with the same pay as they are replaced by these younger cheaper options. 

DSCR loans underwrite to the income of the property, and do not require your personal income, taxes, debt-to-income ratio, etc.Of the 1,100+ loans that our team closed last year, I want to say that only 1% to 2% of those were closed in a borrower's personal name.So, it is pretty irregular for us to process an investment property loan under a personal name.Clients usually opt for closing in their personal name if they simply do not have an LLC established yet. 

build to rent is great. they are an intermediary that help investors contract direct with turn key new build. they are pretty sophisticated we have sold a house so far and we are looking to sell other multifamily with them. there is a vetting process and as an intermediary they don't control construction they help vet builders and establish relationships. they have a big team. the other builder I've never heard of but unless you can see your house I wouldn't touch it. rent to retirement has a strict policy of 90 days until certificate of occupancy until they will send a deal out they are good at what they do and I'd recommend them. they have options all over the country and established relationships.

If you don't feel too established there yet, I would look into the Cleveland maerket as well.

If you want to run your investment like a business you 100% need to establish a solid screening process that makes placing tenants in the future easier.