Keep healthy reserves for surprises - they're inevitable in this business.Lastly, treat this like the business it is.

A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to [email protected] and someone will help you.

You can look for properties with high days on market that are struggling to get offers at their asking price.

I also have a primary residence that I'm going to turn into a rental and buy a new primary residence.

Do NOT use beenverified for this as it rarely picks up everything.   

Not all permits are taken at this point, but the max amount is around 1000 total STR permits in the immediate area. 

This will give you opportunity to see a very important side of the equation and probably get you in the same room with some well established investors that might be willing to help further your career. 

Given this is my first investment, I want to try local before I go out of state.

This has led to the amount of rent we can charge going down.Is anyone else experiencing this?

While I'm not certain about your current real estate objectives, I can assure you that this is an excellent platform to enhance your knowledge and connect with others in the field.