Ideally in the area - I like to know who I'm dealing with this early in the game, down the road might make more sense to go remote.I've got my first year of RE investing down (actually picked up a couple properties somehow in this market) and have come to the next hurdle.

Let them pick a number.

I started doing some light searches on Zillow already but there are slim pickings.

The cemetery groundskeeper will likely keep the place nice and will pick up garbage along the street and entranceDisadvantages:1.

Definitely pick @Adam David Graning brain as he actually has a STR in Cape Coral vs. just speculating.

I would definitely get in touch with a local agent and pick their brain on that stuff, they'll have more tangible insights.

ThanksIf trust is going to give you the K-1s, then you should pick up the activity.

If approached correctly (hand picking those with the greatest potential for STR cash flow improvement + best current as-is cash flow), Sedona SFH's between $1M - $2M are yielding gross monthly income at approx. 1%-1.5% of purchase price + renovation, especially after reasonable improvements (Some are completely turn-key but have higher cost, some need $50k - $200k).And I agree with another post that in most areas, this is not attainable anymore.

The best one I completed was located in Concord (sub city of Charlotte) in October of 21 Purchase price 94,000Reno 47,442Appraised Value 205,000 (we originally estimated a 175k ARV)On this one, we carefully picked our finishes which needed up making it the nicest one on the block.

Hey BP Community, I'M new to BP and finally getting serious about expanding my REI portfolio.  I looking to purchase a multifamily property, but I don't have 20% for a down payment.  I own one rental property in addit...