Check if they’re investor-friendly and familiar with STRs or rental properties.

so, this evening as i spoke to my wife about a property i have found that i am interested in.

Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.

You may want to talk to some park managers and/or owners to see how they do it locally in their own communities. 

We've been honing in on a pretty good development/investment formula that is working for us where we buy an existing single or multi-family house that can be improved or easily split into smaller units, and then we also add small new construction units to the property (townhomes or duplexes or cottages) and, generally, we rent them all out (though we have sold a couple of single family rehabs and we may sell the units in our next big project...

I'm looking to get started with my first multifamily rental property.

Its a 2-unit property on Airbnb. 

There is not a specific property in mind at this time, since I am just running the numbers, but if you are interested in a partnership shoot me a message. 

The easiest way to get around any of this is to hire a competent property management firm to handle everything. 

The goal is to BRRRR 1-2 more properties with creative financing by December 2025, 15 months with little to no out of pocket.