Or do I want to take a general concept and start working on getting the funding under way?

Greetings all,
I recently graduated (in my 20s) and moved into the area for work. I plan on saving my income and applying for a FHA loan next year. In the meantime, I am trying to better understand the Indianapolis (...

The beaches are great and there is a strong ex-pat presence. 

(We were planning to move back to our rental and rent our primary due to higher rents so started to rehab the primary then found out insurance would not insure us due to the high fire risks if we changed so ended up rehabbing both houses and burned the savings).Our dilema is we don’t want to sell either of our current houses due to excellent locations and appreciation potential but want to progress with more rentals.

The reason why I am asking for advice on this, is because I just now started to save for a down payment on a house and I am looking to move into my first home next year. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

However, Even in the most competitive (Sedona) STR market, only 5% of home owners use the formula that gives huge occupancy and prime market ADR, resulting in a strong ROI.

If you want to start a big business, start building a big business.

I think starting with a mutil family, adding value to it (making improvements if needed and raising rents), is a great way to get started.

It's starting on 8/17 but if you buy before most likely seller is paying the commission.