I come from a family of real estate investors, so my parents and grandfather always pushed for buying properties.

Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals daily, I saw a property listed that day for 219,500 two blocks from my parents home and promptly made an offer that day for 222,222.Listing realtor kept the bidding open for a week and asked for a counter based on competing bids (in hindsight I don't think there were actually other bids).

My parents are small, "Mom-and-Pop" landlords but only one of them oversees and manages their rental property. 

All that said one of the things like about these smaller markets, is just less overall competition and the ability to kind of set your own comps, while it hasn’t sold yet so I could be wrong, it was hard to comp tbh, but this town (about 1.5 hours from dc) is growing rapidly, my parents bought a house for 350k in 2019 now worth 600k.

We have rented to families (typically single parent) with children. 

I've been eyeing up buying a second investment property: my partner's parents' place.

I feel like I’m in the perfect position to start investing my money into real estate instead of stocks because it seems like the ROI with stocks is lower than with real estate.I’m close with my brothers and we’re all working and still living with our parents, so we don’t have much expenses.

My parents deal with owner occ and those have been busy, multiple offers on many properties

I currently own a property there but it is rented out so when I am back for the offseason I end up staying with my parents and get the occasional Airbnb if I need some space.

His parents were the cosigners on the lease.I have never dealt with a collections agency, I am assuming that will charge a percentage fee of whatever is collected?