They can provide local market knowledge, help you find investment properties, and manage them on your behalf.Financial Planning: Before making any investments, make sure you have a solid financial plan in place.

Right now for most investors in my area I am advising to plan on spending 30-40% for down payment if you need break even or cash flow. 

What is your plan? 

If you do decide to go the STR route, how many beds do you plan to have?

Hey Chinmay, Depending on your FICO score, annual taxes, insurance, and property location you should be able to qualify for a DSCR Cash Out loan. 

Every state I have worked in, as part of getting a license they must have proper insurance.

Any referrals on multi family home insurance compnies i can get quotes from?

For example Im currently in the market for a financing partner and Im only planning on giving out 25% for allowing them to be involved.

As an accident to start a short-term rental for more than 3 years and wanted to end it. 1) The number from CPA for this short-term is worse than any other long-term rentals. 2) the time spend for this short-term is  >=5  long-term rentals. 3) from Sep-2024, there are 6 books to the end of the year. 4) Insurance of short-term increased 27% and tax will increased without doubt.So tried to cancel all the reservation from AirBNB two month away.

Quote from @Austin Prewett: The land comes with the house, so you're looking at the value of the entire property.The only reason to consider the land separately is if you plan to tear down and build on the land, but even then you are considering what the final value will be with a home built on it.