If you are looking in 3 states and multiple markets in each state it's like drinking from a fire hose on trying to learn those markets.

Crowdfunding or real estate syndications also pool capital from multiple investors.

•Run your numbers conservatively and stress-test your investment.Lastly, I’d reconsider Section 8 (S8) for your first deal.

Make sure you get him/her on your team.I believe in multiple partners on a business like this since (except for the alumni friend who actually might not have that much experience), y'all have no experience.

It has been discussed on this forum multiple times, you can search the forum for earlier threads.The reason CPAs disagree is because it's somewhat controversial, especially between accountants who do NOT specialize in real estate.

Perhaps the SFR market is overvalued now and 1% rule is just a simple valuation tool like a P/E multiple in equities telling people to stay clear.       

If you scroll through zillow you will quickly see multiples of these designs.

If they're in the same state, that will make your legal team more streamlined, but otherwise, you have to form all new vendor teams when assets are scattered across multiple MSAs & states.

I contacted the recruiter directly and provided them a flyer for my property so they can include it when placing future travel nurses in my area.If you have multiple units (usually there is a minimum of 4 or 5), then the hospital is usually willing to share your information with their inbound travel staff.Best wishes,Melissa

Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.