However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Look for "Pitch-Free" policies, supportive communities, and smaller, specialized meetups.

Quote from @John Williams: I would only support this because it's California where electric cars are most likely to be mandated and used.

Im not personally a short term rental Investor but these are some of the benefits that may support your pursuit of scaling more rapidly Yes this is true about the STR which is a good option 

@Matthew Schulz some areas of the country do not have enough rentals to support a PMC. 

Keep any documentation showing the HOA had notice of the sale to support your case.

My Zillow account was disabled today due to an inappropriate comment a made to a prospective tenant about Emotional Support Animals.

It requires a lot more work, follow up, and it's necessary to have systems in place to support the tenant vetting, rent collection and creating lease agreements.

Using creative financing I took a second and third mortgage to support these renovations.

I think this neighborhood would support that price on new construction at some point in the future.