Rents are up by only 2.7% year over year, down from the high of 12.3% set in 21Q3.

Also, i'm targeting cash buyers, so 60k is substantially lower than 320k.

I would make a list of properties you like, then set deed recording alerts for them.

Self-managing takes a bit of the passiveness out, but once you get everything set up and develop the systems that work for you, then things can run very smoothly.

We plan to purchase next year and are targeting areas around Killington and Sugarbush.

There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factors influencing a good cap rate include:/ Property location/ Building condition/ Asset type (class A, B, C)/ Overall real estate market dynamicsTaking these into account helps set realistic cap rate expectations, but historically, rates between 4-10% are often seen as solid.Of course, a “good” cap rate for you might fall outside that range based on your investing goals and the specific property/market, so don’t get hung up on chasing a specific cap rate number.What is a good cap rate for your market?

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsBest of luck on your REI journey.

The limit is set well below the current number of STRs so in the high season occupancy is closet to 100 PCT and it's one of the areas that ADR is the same or increasing.  

I'm looking for a mentor to help me get set up in my first investment property.

Personally not being on a budget and bank accounts set up for personal vs business.