As I've learned more about the markets I'm interested in, the first issue I found was that my ideal market (Charlotte) is super expensive, no multi family are available (apparently they weren't easy to build until recently bc of the city?) 

C class B class  that has tenant issues that can never be solved? 

I had the opprtunity to look into the last inspection report, dated January 2024 (done for the other buyer who backed off)  indicates minor issues incluing lead water Line (from Meter to the faucets).

Only issue might be the budget.I think the two main questions I’m trying to answer for now are: 1) Do I want to do short term rentals to increase chase flows or long term so it’s a bit less day-to-day work?

Transferring the real estate to an irrevocable trust may help avoid Prop 19 issues and may also preserve your step-up basis for capital gains tax benefits.

Maybe two checkin, but your property manager should be able to handle any pool issue too thats my guess, its rare that water will get bad in a week.

@Craig PillayYou face the same issue many investors face. 

We are currently dealing with a similar issue at a condo on Clearwater Beach, the HOA just told us that they are doing construction NEXT WEEK at the beginning of our peak season and the pool will be closed to boot for a month. 

I feel as though I know exactly what I want out of a deal but not sure where to take that first step.Nonetheless, the emotions I'm experiencing almost ensures me that I'm moving in the right direction.I would love to hear the communities experiences, stories, and advice.Thanks,Deane

At the very most, you will get a “demand” letter from an attorney if something is brewing and your attorney can remove the lien and take appropriate action.That should temporarily protect your interest, then you work on resolving the issue.