Learn the basics of financials in RE, build a strong team on the ground, understand the ins and outs of RE and what market your in, understand how to actually flip the home and what strategy you are doing (Highly recommend the BRRR) as holding homes is where the money is made.REAL ESTATE IS NOT EASY!!!

I'm more of an excel, manual, hands on freak, but not opposed to hearing about automation tools such as Stessa too :) 

Every market is different, but here in Pittsburgh the 20+ properties per month that we put out are usually off-market and below market value so a generally low barrier of entry.

I've always had good luck with Furnished Finder (but in the Denver market).

I am a real estate agent in the Columbia,SC market, but I actually starting investing 2 years prior first.

Market OverviewThe Los Angeles hospitality market showed strong recovery and growth in Q1 2024, with key performance indicators demonstrating significant improvement from the previous year.

My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!

@Peter TrifanI would reach out to as many brokers and property management companies in your market for recommendations.

However, if there are utlities in that market on 30 or 90 day billing cycles, that could be the issue. 

I have a limited view to the 3-4 markets in which I invest, but I don't see any long term rentals in desirable locations that cash flow year 1.