These area are offering a good balance between appreciation and decent cashflow. 

Other good strategies, are targeting tired landlords (absentee, owned 10+ years) or drive around and find distressed properties, and call the owner from the records you find on TruePeopleSearch.comAnother method if you want to stay on market would be to send offers that are well under asking price for properties listed 60 days or more.  

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.

They strategically avoid speaking to customers and offer support via online chat to a non US based helpdesk.

I am passionate about mobile home parks and am quite familiar with the MHP investment space, so feel free to PM me and I will do my best to offer perspective and point you in the right direction.  

I even put an offer in on a great BRRRR in Baltimore’s Patterson Park but was outbid, likely by an LLC that already has its own contractors ready to go.Crossing my fingers that all goes well in the inspection and I’ll move on to the next steps of property management. 

Since I’ll be doing both STR & MTR on the same condo, would regular long term rental insurance be fine along side with the VRBO/air BnB insurance that they offer ?

Of course there was offers to register for more courses and mentoring  and various up sells, but you will find that at any seminar.