I’m curious, when you’re entering a new market, what’s your approach to starting those in-person connections?

For average investors without large amounts of capital to deploy this is a common approach to growing a portfolio.

That kind of restriction just doesn’t work for someone like me.I’m trying to figure out if I might be missing something in how I’m approaching this or if others have insights or examples of towns that not only allow STRs but also have laws that offer enough flexibility to operate in the way I’m aiming for.Many towns technically permit STRs but impose restrictive rules like membership requirements, ownership duration limits, or rental day caps, making operations challenging.

We really like their approach and communication has been timely and meaningful.

Lucky for you, your own backyard is an excellent (and often overlooked) place to begin investing, thanks in part to Tuscaloosa’s proximity to Birmingham, UA’s steady enrollment growth, and the market’s favorable rent-to-price ratio.As for your comment about BRRRR, you’re right that it’s definitely one of the more time- and labor-intensive approaches.

Well that is a good approach.

That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.

There're some alternative planning approaches, but they are always case-by-case.  

My guess is he has seen sellers harmed in a big way in low value low credit markets he works in so for sure could have a negative bias.And this goes for Sellers to right now many are getting approached since you have armys of folks making offers this way ( I get them monthly and can tell they are sub to training disciples based on the offers they make) unsophisticated seller who does not engage a very good RE attorney to help with these is taking a massive risk

What about drive approaches, parking lots, site lights, landscape, irrigation, etc.?